• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
  • Blog
  • Free Resources
RevistaMed

RevistaMed

  • About
    • Meet Revista
    • Advisory Board
    • Partners
    • Press
    • Rising Leaders Council
    • Sponsorship
    • Contact Us
  • Events
  • Why Subscribe?
    • Featured Products
    • Business Development
    • Underwriting & Due Diligence
    • Asset Management
    • Capital Markets
    • Site Selection & Development
    • Leasing
  • Subscriber Login
Home / Construction/Development / 2023 Outpatient Development Report Recap

2023 Outpatient Development Report Recap

May 25, 2023 by Stephen Lindsey Topics: Construction/Development, Industry News

Every year, Revista collaborates with HREI to produce a report which summarizes the development of outpatient medical facilities across the US. Data from a survey of real estate developers is combined with Revista’s existing data to paint a clear picture of recent development activity.

There were nearly 45 million square feet (sf) of projects that either started or completed in the year 2022, with 18.8 million being completed by 3rd party developers. Compared to 2021, starts are up by about 1.6 million sf and completions are down around 2.4 million. As usual, the majority of construction is located on a hospital campus or affiliated with a hospital/health system. When looking at all outpatient projects, Hammes developed the most with a count of 12, for a total of 769,658 sf. When only looking at projects that were completed, US Federal Properties came in on top with 5 for a total of 706,097 sf.

For a more detailed breakdown, as well as how 2022 stacked up against previous years, subscribers can download the full report at:

https://data.revistamed.com/Pages/NationalReports

Stephen Lindsey
Stephen Lindsey

Other Articles by Stephen Lindsey:

    • 2022 Top Outpatient Developers – Developer Owned Projects
    • Construction Slows in 1Q23
    • Alternative Asset Sales Activity

Previous Post:MOB Occupancy at Cyclical High Point while Office Continues Struggle
Next Post:ASCs – Past, Present & Future- An Observation

Sidebar

Topics

  • Construction/Development
  • Industry News
  • Leasing/Property Management
  • Mergers/Acquisitions
  • Policy/Legislation
  • Real Estate Financing/Capital Markets
  • Revista Best Practices
  • Revista News
  • Sponsor Spotlight
  • Transactions
  • Uncategorized

Archives

RSS Recent Blog Posts

  • ASCs – Past, Present & Future- An Observation May 25, 2023
    Over the last 30 years, there has been an influx in Ambulatory Surgery Centers (ASCs) for reasons including, but not limited to, physician demand, employee retention, rising case migration and … The post ASCs – Past, Present & Future- An Observation appeared first on RevistaMed.
    Jim Coman
  • 2023 Outpatient Development Report Recap May 25, 2023
    When looking at all outpatient projects, Hammes developed the most with a count of 12, for a total of 769,658 sf. The post 2023 Outpatient Development Report Recap appeared first on RevistaMed.
    Stephen Lindsey
  • MOB Occupancy at Cyclical High Point while Office Continues Struggle May 25, 2023
    The office market continues to struggle with the volume of employees working from home or on a hybrid schedule coming out of the pandemic. Although historically viewed as a subsector of office, the dynamics of the users of medical office space are completely different. The post MOB Occupancy at Cyclical High Point while Office Continues […]
    Hilda Martin
  • Regulation D – The 0% Reserve Requirement  April 26, 2023
    The Regulation D Reserve Requirement, put in place by the Federal Reserve in 2020, is a measure designed to improve the stability of the financial system by requiring certain financial institutions to hold a minimum amount of reserves against their deposit liabilities. The post Regulation D – The 0% Reserve Requirement  appeared first on RevistaMed.
    Chase Jarrett

Other Free Resources

Industry Directory

Search for and/or list your medical real estate services in Revista’s medical real estate directory.

Reports & White Papers

Download free reports & white papers on medical real estate.

Add Lease/Sale Listing

Revista provides free lease/sale listings for healthcare real estate.

Ready to Schedule a Demo?

Get in Touch Now
  • Why Subscribe?
  • Events
  • The MOB Scene
  • Add A Directory Listing
  • Add Lease/Sale Listing
  • Contact Us
  • Sponsorship
  • About
  • Terms of Use
  • Press

SIGN UP FOR MOB SCENE NEWSLETTER

  • Twitter
  • Facebook
  • LinkedIn