Healthcare Real Estate

The city's Health Department notes that the defined use and management of the site has not been determined as yet. The facility could be used to care for COVID-19 patients or to relocate low-acuity patients from area hospitals to open more beds at those facilities.

Colliers' Michael Brown cites land availability, transportation infrastructure and science coming out of the region's universities.

The largest transaction was the 21,895-square-foot lease extension with St. Joseph's Hospital at the 68,000-square-foot office building. Dentistry for Children also recently signed a new lease for 5,050 square feet at the complex.

"On the medical side, there is huge demand and that side of the equation is ramping up to battle this virus."

As social-impact investors rise, there are ways funds can adjust.

Treasury Secretary Steven Mnuchin wants to receive recommendations by March 30.