Cushman & Wakefield’s San Diego Medical Office Report for 4Q12 is now available at www.SanDiegoMedicalOffice.com. A few large blocks of vacated medical space contributed to a slight uptick in overall vacancy rates, but continued demand from medical tenants is expected to absorb the new space and push rental rates up in the most desirable markets.
Cushman & Wakefield’s San Diego Medical Office Report for 3Q12 is now available at www.SanDiegoMedicalOffice.com. Consolidation continues to be the theme in healthcare as smaller practices go out of business or merge with larger providers. With activity driven by large deals, vacancies continue to decline in most submarkets.
The Supreme Court decision regarding ObamaCare is due any day and the healthcare industry is egerly awaiting the outcome. The justices have agreed to decide four questions about the health care law:
- Does an 1867 law, the Anti-Injunction Act, prevent the Supreme Court from reviewing and deciding the health care law challenge? The act bars pre-enforcement challenges to taxes. The penalty in the health care law for failure to purchase minimum insurance will be enforced by the Internal Revenue Service, but will not appear on a taxpayer’s tax return until 2015. [Read more...]
Parking is one of the most important features for medical practices to consider when buying or leasing space in a building. Both the overall availability, and the arrangement of parking, can have a drastic impact on the patient experience during an office visit. If parking is inadequate, patients will become frustrated before reaching the office which can be detrimental to the success of the practice. [Read more...]