Why Medical Offices Will Flourish After the Pandemic

Before the pandemic, there was the perception that healthcare was recession-proof and that demand for medical space will rise no matter what happened to the rest of the economy. COVID-19 upended that assumption, but a new report from Cushman & Wakefield makes the case that this commercial real estate sector will be resilient in the long run, fueled by the same demographic factors that existed before the novel coronavirus rolled through the US.

“According to the Centers for Medicare and Medicaid Services, between 2020 and 2027, healthcare spending is projected to increase by $1.9 trillion in the US alone,” the report says.