IRVINE, CA—Despite the move toward the community and away fromhospital-based healthcare, assets that areclose to hospital campuses still matter considerably for healthsystems, NAI Capital's SVP and director ofhealthcare services SonyaDopp-Grech tells GlobeSt.com. As we recentlyreported, Dopp-Grech represented CRCReal Estate Corp., an affiliateof CHOC Children's, in the purchase ofthe Centrum NorthBuilding at 1120 W. La VetaAve. in Orange, CA for $43.4 million or approximately$245 per square foot. We spoke exclusively with Dopp-Grech abouton- or near-campus healthcare properties and how they are beingviewed and managed by health systems.

GlobeSt.com: As healthcare moves away from hospitalsand closer to consumers, how are hospitals managing their on- orclose-to-campus assets?

Dopp-Grech: Although one of thetrends in healthcare is to move closer to consumers, centralizedcore campus facilities remain a key component to the delivery ofhealthcare. Each hospital has a different format, but overall, inthe pig picture, hospitals try to keep control of as many assets asthey can. In the case of CHOC, they own the CHOC tower and propertyacross the street and can pull admin uses out of the hospital; theyhave control of the campus to do that. In some cases, they areusing this space as back-office space. Opening clinics in thecommunity is the trend, but it's a convenience and value for thepatient base.