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Colliers' Houston Medical Office Highlights 4Q 2016Colliers' Houston Medical Office Highlights 4Q 2016https://www.recenter.tamu.edu/news/newstalk-texas/?Item=158882017-02-28T06:00:00Z2017-02-28T23:05:00Z

​​​​​HOUSTON – The healthcare industry remains strong and continues to be a major driver of development and employment, according to Colliers' Year-End 2016 Medical Report.

There are more than 5 million sf of new hospitals and expansions and medical office buildings currently under construction in the Greater Houston area.

Healthcare tends to follow population growth similar to retailers and as Houston’s population has moved to the suburbs, healthcare providers have followed.
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Class A advertised lease rates for medical office space are slightly higher than a year ago—increasing from $28.03 to $28.29/gross per RSF per year, while Class B product has decreased by 41 cents to $24.39 per RSF.​​
Colliers International
Houston-The Woodlands-Sugar Land
Medical
http://www.colliers.com/en-us/texas/houston/marketreports/medical_office_report

​Click to see the full Colliers Medical Market Report Year-End 2016 (PDF).​

Check out more Houston Medical Market Research.

See the full report at {Source}

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