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Chicago Medical Office Opportunities

Chicago Medical Office Opportunities
MedProperties Group Chicago development
Multifamily might be getting most of the glory now, but MedProperties Group investment management director Jesse Ostrow says that we shouldn't lose sight of the still-rich possibilities in medical office development. (The MOB doesn't like to be forgotten.) His company certainly isn't ignoring the possibilities, considering that it's at work on a three-story, 75k SF MOB on the North Side of Chicago. The population is aging, of course, but Jesse says there's more to it than simple demographics: "There's increasing demand for more efficient outpatient, off-campus facilities, and that's not going to change. Establishing off-campus properties with primary- and urgent-care capabilities allows health systems to add patients while lowering occupancy costs."