Healthcare tenants have shown more apprehension to make long-term lease commitments during the pandemic, but many are continuing to push ahead anyway and sign new leases, particularly for those that with upcoming renewals. JLL’s Los Angeles healthcare real estate team has signed several lease transactions in the last three months, even as the market continued to change and many in-person doctors’ appointments slowed down.

“We are seeing that most healthcare tenants know that they will need their space for the short and the long term,” Chris Isola, EVP at JLL, tells “Work from home doesn’t really work for medical, as no doctor has an exam room or operating room in her house. Healthcare occupiers typically can only generate revenue in their premises. And despite a significant increase in telehealth, most of healthcare remains a contact sport. Therefore, in the last quarter we have completed a number of transactions and overall our transaction volume is comparable to 2019.”

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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 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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