Healthcare Real Estate

Life science is an essential business, and while the industry took a pause on new lease at the start of the pandemic, activity is returning with a roar.

The report found patients are trying to avoid hospitals during the COVID-19 pandemic, with some going so far as to say they wouldn't go to the ER for a medical emergency.

"In many cases, this pivot to COVID-related initiatives has increased the activity, staffing and demand for lab space," Colliers reports.

Through partnerships with local health care providers, Walmart says its new clinics are the first of their kind, offering a wide variety of services in one facility.

Legacy Hotel & Residences will include a 100,000-square-foot medical center equipped and staffed much like a hospital in a nod to more health-concerned travelers.

Washington Prime Group intends to convert the former Sears location in Morgantown Mall in Morgantown as a logistics, distribution and fulfillment center for the West Virginia University Medicine network.

"As we got into March and April, we saw growth like nobody could have ever predicted or planned for."

After the market went into a state of paralysis in March, investors are starting to come back.