News Headlines Article

Real estate investors seeing benefits of reform
Modern Healthcare

While healthcare reform continues to cast uncertainty over much of the healthcare industry, savvy investors are finding medical office buildings a safe and solid bet as large health systems compete aggressively and more services move out of the hospital. In the first half of 2013, Chicago-based real estate management firm Jones Lang LaSalle reports there have been 124 medical office building properties sold in deals totaling more than $1.83 billion. The average deal involves a 74,750-square-foot property selling for $14.8 million.

More than a third of the deals are “multi-asset” portfolio sales, which are also driving the market.