Healthcare Real Estate

The REIT purchased a senior housing facility in Augusta, GA, and a former senior housing facility in Gulf Breeze, FL, which will be converted into an addiction treatment center.

With proximity to San Francisco and Silicon Valley, Emeryville is attracting biotech and life science companies looking for quality, available space.

New York-based Anchin's reputation is what makes it stand out as one company to watch. That reputation is largely attributed to the dedicated professionals employed as a result of the firm's focus on career development.

Lendlease and Ivanhoé Cambridge have purchased the 50,036-SF land parcel, which is fully-approved for a life science development of up to 320,000-GSF.

New York's demand drivers for this asset class are on par with major US life sciences markets such as Boston, San Francisco and San Diego.

Other high-growth cities include San Francisco, Dallas Fort-Worth, Greenville, Jacksonville, Las Vegas, Minneapolis-St. Paul, Tampa-St. Petersburg and Tucson.

As health systems work to compete to attract and retain patients, convenience has become even more critical.

Investors eyeing medical uses will need to keep in mind that office-to-medical transitions face an uphill battle.