Green Shoots Appearing In Medical Office After Months-Long Deep Freeze
Medical office tenants went into a deep freeze along with everybody else starting in March, hunkering down as the coronavirus pandemic made it impossible to see patients. Making decisions on whether to sign new leases and expand wasn’t practical.
But with many states lifting the restrictions on seeing patients, as well as some medical tenants gaining a better understanding of how the ongoing crisis will impact their business, leasing activity is finally starting to pick up again.
“We are starting to see green shoots in the medical field,” Inventrust Properties Corp. Senior Vice President Matt Hendy said Tuesday during Bisnow’s Chicago Deep Dish: The Retailization of Healthcare webinar.But the type of potential tenants that show up looking for space may change from pre-pandemic days.“We are still in the…
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