Dialysis Center Theoutpatient dialysis clinic is located in a busy corridor nearKaiser Permanente and Sutter hospitals.

OAKLAND, CA—The 65 and older population has grown at an annualpace greater than 3% since 2011. This age group is anticipated toincrease by 20 million people by 2028 and will comprise 20% of thenation's population base, so says a mid-year medical office reportby Marcus & Millichap.

Furthermore, mergers among healthcare companies and providershas been a driving force behind changes in the industry and howphysicians interact with patients. Emerging technologies and ashift in the care delivery model are spilling over into thedevelopment of medical offices. A rise in outpatient services andprocedures has encouraged medical office development in off-campuslocations the past few years. Hospitals and medical providers seekto place offices in neighborhoods and suburban areas, closer to where people live and work, in order to reduce costsand offer convenience to patients seeking medical care.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.