Outpatient volumes are expected to grow by nearly 33% in Minneapolis and 28% in Richmond over the next 10 years, making those two of the most promising medical office space markets, according to JLL.
"These rates exceed the national average of almost 21%, which is fueling the strong growth in medical office space in these regions," JLL Managing Director Jay Johnson, U.S. Practice Leader, Healthcare Markets, tells GlobeSt.com.
"The outpatient growth is driven by increasing population in these metro markets as well as the continuing long-term shift of care from hospitals to outpatient locations, which are cheaper to build and operate and generally improve care outcomes," Johnson said.
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