Healthcare real estate

Children's Rehabilitation Center in White Plains, New York
The Williamsburgh Savings Bank Tower
The St. Vincent Heart Center of Indiana

Healthcare real estate is a niche market within the larger real estate industry. Healthcare real estate, or "medical real estate", describes buildings, offices, and campuses leased to members or organizations within the healthcare community.[1]

In the United States

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In the United States, Illinois, Texas, California, and Florida accounted for a third of healthcare construction in 2007, though the practice is also rising among other metropolitan areas.[2] In 2014, 7.1 million square feet of medical office space was developed across the country.[3]

References

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  1. ^ "Medical buildings hot as other real estate softens. (SOUTHERN CALIF.)". Kiplinger California Letter. April 23, 2008. Archived from the original on October 22, 2012. Retrieved November 25, 2008.
  2. ^ "Real estate firm taps med-building niche". San Antonio Business Journal. October 14, 2007. Archived from the original on January 18, 2013.
  3. ^ Friedman, Robyn A. (October 13, 2015). "Speculative Developers Take Medical Projects Off Back Burner". The Wall Street Journal. Retrieved February 8, 2017.