Healthcare construction growth led by MOBs

Medical office building square footage expected to nearly double in 2016

Construction of new medical office building (MOB) is at the forefront of a year of growth for healthcare facilities, according to an article on the Health Facility Management website.

This follows a strong 2015 for the industry, according to Revista, Annapolis, Md., a source of data on healthcare property and construction.

A Revista report says there was $97.1 billion in projects in the healthcare real estate construction pipeline by the end of 2015.

That's a 12 percent increase from midyear 2015.

The top state for healthcare construction is California with 13.6 million square feet.

Read the article.

March 21, 2016

Topic Area: Industry News

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