Topic: Construction/Development

December 2, 2015
Mike Hargrave

Medical Construction is in Every State

Did you know that Revista tracks medical real estate construction? Yes, it does track both Hospital and Medical Office construction across the United States. We finished the initial count of projects in early 2015 and while every state and market is different, the one thing all states have in common is that they all have medical real estate construction going on! The graph below tracks the value of hospital and medical office projects that are either under construction or approved and late in the planning process. It represents both public and private construction. Overall, according to the Revista first half 2015 construction report, there is over $86 Billon of such construction across the US. California and Texas lead the nation with $11.8 Billion and $7.7 Billion, respectively. Check out the graph below to see how your state stacks up!
September 24, 2015
Mike Hargrave

Breaking Ground in Medical Real Estate

The new Mercy Medical Arts Building in Miami is now under Construction. The new 116,000 square foot MOB will be located on the campus of Mercy Hospital, a 1.5 million square foot hospital owned and operated by HCA.
August 31, 2015
Mike Hargrave

Over 16 Million Square Feet of MOB Space Scheduled to Complete in 2015

there are over 16 million square feet (SF) of MOB space scheduled to complete in 2015. This comprises over 280 MOB properties and over $6.6 Billion of construction value...
August 14, 2015
Hilda Martin

A Quick Analysis of Major vs. Minor Markets

I’ve received a number of questions about MOB construction activity in tertiary markets and am curious about this area myself! Most of the information that circulates is about major metro areas – but what about the rest of the country?
April 21, 2015
Mike Hargrave

The Revista Pipeline: Medical Office Construction Projects

Bethlehem Township commissioners recently approved plans submitted by St. Lukes to build a 2nd medical office building (MOB) on their Anderson Campus in Easton, PA
February 23, 2015
Mike Hargrave

Five Mega Projects Opening This Spring

Five construction projects scheduled to be completed this spring represent nearly $1.3 billion dollars and more than 1.6 million square feet
February 13, 2015
Mike Hargrave

California is #1 in the Nation in Hospital Construction!

As of the end of 2014, there were 62 hospital construction projects that Revista had identified in the state of California that were either underway or in late planning
September 26, 2014
Mike Hargrave

Recent Medical Office Construction Projects

Construction starts on new 5 story retail building and MOB in Midtown Detroit. Developers broke ground this week on a new 5-story, $68 million retail and medical office building project...
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