News
Chicago Medical Office Opportunities
April 19, 2012
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| 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." | ||
