Changes in the care delivery model and the spread of healthcare services into rural communities are growing the medical office market. Strong demographic trends continue to draw investors to the segment while uncertainty about the healthcare law remains. Technological advances and a patient-centered approach to care impact design of medical office spaces. Absorption strongest in properties built since 2000 as tenants search for modern amenities. In addition, private equity funds are partnering with investors to build medical office portfolios, according to a recent report by Marcus & Millichap.—Lisa Brown
NEWS AND NOTABLES
DALLAS—The Dallas office of global architecture and design firm Perkins+Will has relocated to the historic Dallas High School building, renovated for commercial use after having sat vacant for 22 years. The firm's local design studio occupies more than 39,500 square feet of the building–the entire third floor and part of the second floor. A grand opening and 30th anniversary celebration are slated for early 2018.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
