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Home / Construction/Development / Medical Construction is in Every State

Medical Construction is in Every State

December 2, 2015 by Mike Hargrave Topics: Construction/Development, Revista News

Did you know that Revista tracks medical real estate construction? Yes, it does track both Hospital and Medical Office construction across the United States. We finished the initial count of projects in early 2015 and while every state and market is different, the one thing all states have in common is that they all have medical real estate construction going on! The graph below tracks the value of hospital and medical office projects that are either under construction or approved and late in the planning process. It represents both public and private construction. Overall, according to the Revista first half 2015 construction report, there is over $86 Billon of such construction across the US. California and Texas lead the nation with $11.8 Billion and $7.7 Billion, respectively. Check out the graph below to see how your state stacks up!

US Medical Real Estate Construction by State and Value (Hospital and Medical Office); Source:  Revista

MAP - TP

Mike Hargrave
Mike Hargrave

Other Articles by Mike Hargrave:

    • Declining Space Availability for the Outpatient Sector
    • The New York Metro MOB Market is on the Upswing!
    • Which Markets Have Seen the Greatest Growth in MOB Face Rents?

Previous Post:CS Capital Invests in Boston Post-Acute Real Estate
Next Post:Hospital Real Estate Prices Are Going Up!

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