Jay Johnson

Chicago, IL–JLL recently announced Jay Johnson was assuming the role of managing director, JLL Healthcare. His mandate is to grow the healthcare business across US markets, and partner with JLL Healthcare Solutions in servicing healthcare organizations.

“As health systems simultaneously grow larger and zero in on more convenient healthcare delivery, they're faced with more complicated real estate needs than ever,” Johnson tells GlobeSt.com. “People are looking for more clarity and leadership as they grapple with healthcare delivery issues. It's a shining opportunity for us.”

The US healthcare sector accounts for nearly 18% of gross domestic product and is expected to grow about 5% annually through 2025. According to JLL's latest Construction Outlook, the sector recorded 26 million square feet of hospital construction completions and 12 million square feet of medical office building construction completions in 2018.

Medical Office Buildings

That said, medical office buildings (MOB) have a solid place in the delivery of healthcare for many reasons including our aging population who are living longer and needing various levels of care.