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Meeting the Demand Keeps Rents High at Medical Offices

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San Diego — Rising demand for care services, along with limited new construction in high-demand submarkets, continue to make San Diego County a friendly place for owners of medical office buildings

  • The local region saw $167 million in medical office property sales transactions during 2015, up 25 percent from 2014 and on par with record volumes posted in 2012 and 2013
  • Medical office rents are on the rise in places such as University Towne Center/La Jolla, Hillcrest and coastal North County
  • “Health care providers are actively looking for ways to improve accessibility to patients, ensuring continued demand for centrally located health care facilities,” said Chris Ross

Citation and Link: Hirsh, Lou. “Meeting the Demand Keeps Rents High at Medical Offices.” San Diego Business Journal. 25 May. 2016. Web. 25 May.

http://www.sdbj.com/news/2016/may/25/meeting-demand-keeps-rents-high-medical-offices/?page=1

Picture Citation and Link:  Hirsh, Lou. “Meeting the Demand Keeps Rents High at Medical Offices.” San Diego Business Journal. 25 May. 2016. Web. 25 May.

http://www.sdbj.com/news/2016/may/25/meeting-demand-keeps-rents-high-medical-offices/?page=1 Burb may23