Medical office space market

from this morning's GlobeSt (9/2):

Last updated: September 2, 2008 11:43am

Medical Offices Project Hope Amid Gloom
By Bob Howard

"BOSTON-A new report says investors see medical offices as a beacon of hope, or at least stability, in an uncertain economic climate and a time of rising office vacancies. The attitude change is particularly timely as traditional office property investments, formerly favored by investors, fall out of favor as the US office market generally weakens.

The report by Yili Dolan, senior research analyst with Torto Wheaton Research, observes that "real estate investment tied to healthcare" has been "relatively unfazed" by developments that have reduced occupancies in the general office category in many markets. In looking at US demographics, a growing number of developers and investors "have determined that investments tied to healthcare are an attractive opportunity," he adds." ...

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