For the November issue of Heartland Real Estate Business, HSA PrimeCare Senior Vice President of acquisitions and development Jon Boley discussed at length the investment criteria for medical properties.
With factors such as growing optimism about potential interest rate decreases next year, aging population and increased demand for outpatient centers and behavioral facilities, this encouragement of medical office sector performance has investors clamoring for acquisitions, each with their own checklist of desired building characteristics.
Some of those characteristics Boley looks for in an acquisition include access, visibility, parking and flexible floor plates. After acquisition, HSA PrimeCare then adds value through leasing, active property management, building renovation or expansion.
The full November issue can be read here.
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