As hospitals continue to grapple with treating more serious illnesses that may have gone overlooked during the pandemic, demand for ambulatory and outpatient services is rising — with big implications for commercial real estate.
Outpatient volumes are predicted to grow by 16% per the next decade, according to Avison Young, and that upswing will require the healthcare real estate sector to continue to adapt. In particular, the medical office building sector, which has added more than 60 million square feet of space over the last four years across the top 50 US metros, will continue to thrive.
