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Content about Southwest

February 6, 2013

Houston Market Profile 2013

“Job growth is what differentiates Houston from other markets,” says Eric Johnson, a managing director in the Houston healthcare group at Transwestern, a commercial real estate services firm. “We’re adding very good jobs that provide insurance, and that translates into more demand. There are markets across Houston where the existing physician base cannot meet the demand.”

November 9, 2011

Tucson, Ariz., Market Profile

The Tucson medical office market isn’t experiencing much growth, but rather more of a re-facilitation of the market, with newer, more technologically advanced and efficient medical office buildings drawing doctors and services from older and more remote properties.

By Tom Nieman, Rick Kleiner & Tom Knox

The Tucson medical office market isn’t experiencing much growth, but rather more of a re-facilitation of the market, with newer, more technologically advanced and efficient medical office buildings drawing doctors and services from older and more remote properties.

October 11, 2011

Fort Worth, Texas, Market Profile

Fort Worth has historically been the smaller and more relaxed half of Metroplex and the city’s healthcare real estate market fits that profile. It’s a little less aggressive and competitive, but also not as subject to extreme, cyclical market fluctuations.

By John Huff

Fort Worth has historically been the smaller and more relaxed half of Metroplex—as the Dallas/Fort Worth/Arlington metropolitan statistical area is commonly called—and the city’s healthcare real estate market fits that profile. It’s a little less aggressive and competitive, but also not as subject to extreme, cyclical market fluctuations—ideal for medical practices seeking a city environment that’s a bit more user friendly.

September 13, 2011

Little Rock Market Profile

An attractive place to retire, Arkansas has an aging population that is driving healthcare in that market. The cost of living is very reasonable, the weather is mild most of the year, outdoor activities to please almost anyone abound and taxes are lower than in many states. In addition, the quality of healthcare is good, and there are fair number of retirement communities in the region, some quite upscale.

August 16, 2011

New Orleans Market Profile

There is a general population growth and a growing aging population in the New Orleans area, which is creating an increased demand for healthcare. But the real demand results from the loss of the Charity and VA Hospital systems from Hurricane Katrina.

By Mark Inman

There is a general population growth and a growing aging population in the New Orleans area, which is creating an increased demand for healthcare. But the real demand results from the loss of the Charity and VA Hospital systems from Hurricane Katrina. Affordable healthcare all but disappeared because of this loss, and the population still requires that service.

Hospital developments

July 12, 2011

Dallas Market Profile

Healthcare is a strong focus for residents in Dallas. Last year, almost $4 billion was spent on healthcare in the area, with more than $1.9 billion spent on medical services, including $255 million on physician services.

By John Huff

Dallas-Fort Worth has been one of the nation’s most active areas for medical space development. In 2010, Texas was projected to add 2 million square feet of medical office space, with almost half of that new development in DFW, according to published reports. That is likely to continue as the population keeps increasing.

July 12, 2011

Las Vegas Market Profile

Prior to the current recession, Nevada – in particular, the Las Vegas Valley (Las Vegas, North Las Vegas, Henderson and unincorporated Clark County) – led the nation as the fastest-growing state for two decades, in addition to generating more jobs per capita than any other state.

By Bruce Follmer

Prior to the current recession, Nevada – in particular, the Las Vegas Valley (Las Vegas, North Las Vegas, Henderson and unincorporated Clark County) – led the nation as the fastest-growing state for two decades, in addition to generating more jobs per capita than any other state. Unfortunately, Las Vegas is still experiencing 12.1% unemployment, but this number is down from 15.1% the previous year.

June 14, 2011

Albuquerque, N.M., Market Profile

Albuquerque’s medical office market reflects ongoing national trends in healthcare. In particular, the transaction activity level has been low as healthcare providers try to understand what the impact of the federal healthcare legislation will be on their practices.

By Daniel B. Newman

Albuquerque’s medical office market reflects ongoing national trends in healthcare. In particular, the transaction activity level has been low as healthcare providers try to understand what the impact of the federal healthcare legislation will be on their practices.

May 17, 2011

Austin Market Profile

To play off the well-known saying “Keep Austin Weird,” the city’s medical office market is… well, weird. Since Austin was not designed to be a large city, there is no central medical hub similar to those found in most major metropolitan markets.

By Jeff Lovaas

To play off the well-known saying “Keep Austin Weird,” the city’s medical office market is… well, weird.

Since Austin was not designed to be a large city, there is no central medical hub similar to those found in most major metropolitan markets. There are very few pure medical office buildings (MOBs), defined as 100% built for and leased to medical practitioners, but there are numerous office buildings with a majority of medical tenants.

April 19, 2011

Phoenix Market Profile

As tenant activity continues to increase and vacancy rates decline, the rents should start a slow upward climb in 2012 and beyond, making today the opportune time for healthcare providers to lock-in their long term plans for medical office space.

By Tom Atkinson & Ray Harris

There’s good news if you’re considering opening an office in the metropolitan Phoenix area. An uptick in healthcare jobs, plus continued interest by companies in the healthcare industry, will help drive down the current 19.6 percent vacancy rate of medical office properties in this market.

March 22, 2011

Oklahoma City Market Profile

If you’re looking for a market niche in the Oklahoma City healthcare field, look to seniors. Over 12.5 percent of the population in the area is 65 or older, and the population as a whole has increased some 8.5 percent since the year 2000, which bodes well for healthcare.

By Brent Conway

If you’re looking for a market niche in the Oklahoma City healthcare field, look to seniors. Over 12.5 percent of the population in the area is 65 or older, and the population as a whole has increased some 8.5 percent since the year 2000, which bodes well for healthcare.

February 23, 2011

Houston Market Profile

If you provide healthcare to seniors in the Houston area, there’s good news for you: the number of Houston residents entering retirement age is projected to increase from 4.8% to 6.1% by 2015, representing the largest change for any demographic group in this market.

By Henry Hagendorf & Beth Young

If you provide healthcare to seniors in the Houston area, there’s good news for you: the number of Houston residents entering retirement age is projected to increase from 4.8% to 6.1% by 2015, representing the largest change for any demographic group in this market.