Multiple reports by global real estate companies, developers and investment banking firms identify a heightened demand for health care real estate. Medical office real estate for investment purposes has a 9.2% delinquency rate compared to general office delinquency rates of 33%. Medical office vacancy rates dropped to 11% in 2012. The Urban Land Institute estimates 64 million square feet of additional medical space is needed within the next decade.
Author:Roxanne Tyroch Phone: 915-261-4377 Dated: July 1st 2013 Views: 1,847 About Roxanne: ...
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