Archives

April 8, 2020
Mike Hargrave

HCRE Developers Gain Share in 2019!

Outpatient Starts rose significantly in 2019. See table below but 30.9 MSF was started in 2019 compared to 23.1 MSF in 2018 (an increase of 34%). Developers also gained a higher share of the starts activity in 2019.
December 17, 2019
Mike Hargrave

2 Large Speculative Projects Rising in the Baltimore MSA

If you have seen Revista’s metro trends you may have noticed the Baltimore MOB market is one of the tightest in the country. The MOB occupancy rate has averaged between 93.9% and 94.8% since the 2nd quarter of 2018.
August 22, 2017
Mike Hargrave

Revista Releases 2017 Mid-Year Construction Reports – 5 Key Takeaways

The overall construction pipeline, comprised of Hospitals and Outpatient MOBs under construction and in late planning, stands at $104.4B..
March 16, 2017
Mike Hargrave

2017 US Construction Report is Available

This report covers Hospital and Medical Office Construction projects that are new, expansions or replacements greater than 7,500 square feet and $5 million in value. It provides detail on the overall pipeline (under construction and late planning), analysis of recent completions in 2016 and expected completions in 2017. Construction starts are trended quarterly and projected out 2 quarters.
February 2, 2016
Mike Hargrave

Expect 2016 to be a BIG year for MOB completions…

The graph below shows completions (expected for 2016) for Hospital and MOB projects. As a reminder, Revista tracks projects that are new, adding space/beds, are greater than 7,500 square feet and $5M in value. When applying these filters we can see...
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.