Jason Krotts Jason Krotts

Southern California has a thriving medical office market, and this year, it seems demand this year is only growing for quality medical office space. A combination of the increasing senior demographic and a more involved approach to healthcare has produced an active medical office market. Today, healthcare companies are expanding to accommodate current growth as well as prepare for the future.

“We have an aging population, which will have a tremendous effect on our US healthcare systems,” Jason Krotts, a principal at REDA, tells GlobeSt.com. “Approximately one quarter of the US population are baby boomers, and as these people continue to age, their level of healthcare increases. By 2030, the population of people over the age of 65 will double and approximately six out of every ten boomers will be managing one or more chronic conditions. This is why healthcare systems need to prepare for the growing need to service this segment of society. Intuitively, there needs to be more smaller, localized, neighborhood service providers to assist in this growing need.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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