Medical Office Does Miracles

WHITE PLAINS, NY—Medical office and healthcare facilities are the wave of the future in Westchester commercial real estate. That’s the message of industry experts scheduled to speak at RealShare Westchester Thursday, who note that the sector is the safest bet in the County thanks to a lack of new supply in general office space and rising demand for medical services.

“We’re seeing increased demand because of mergers and acquisitions of major health care facilities—like Montefiore Hospital coming into the suburbs and partnering w/White Plains Hospital,” says Al Guttierez, executive managing director, Colliers International.