Changing Drivers of Healthcare Real Estate

By: Ellen Rand, contributing editor, Development

Medical services are striving to become more customer-friendly, efficient and cost effective, not only in recognition of the coming wave of aging Baby Boomers, but also in response to major healthcare cost and operational challenges. Healthcare providers are also driven by the imperative to maintain and build branding and market share in a highly competitive environment.

Spring 2011

222 Main in Salt Lake City

Delayed Decisions Can Still LEED to Gold

By: Bruce Bingham, principal, Hamilton Partners

When Hamilton Partners set out to build 222 Main they had no intention of making the 459,000-square-foot high-rise office tower a LEED-certified design. They wanted the building to qualify for LEED by installing the needed green compo¬nents, but the cost of certification was prohibitive, until a financial partner convinced them otherwise.      

175-185 Wyman Street

175–185 Wyman Street – Renovation at Its Best

By: Donald G. Oldmixon, first vice president for real estate, construction and leasing, Hobbs Brook Management.

Development isn’t on hiatus everywhere. Some areas have weathered the Great Recession better than others. In the suburbs of Waltham, Massachusetts, a two-building, Class A office complex at 175-185 Wyman Street was a recent addition to the office and technology-based area.      

OakBend Medical Center

The New Pulse of Healthcare Development

By: Stephen M. Doyle, vice president, healthcare, McShane Development Company

As the healthcare reform bill advances toward implementation, many hospitals and doctor groups remain reluctant to execute long-term real estate decisions. The delivery process of healthcare services is shifting. Real estate development efforts within the healthcare market will need to better align with current trends.      

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