Crossroads III, a suburban Class A medical office building at 8100 SW 10th St. in Plantation is the latest example of the elevation in demand for office buildings. South Florida Seeing Heightened Medical Office Space Demand: Plantation Building Sells for $45.5M
"As we were coming out of the pandemic, there was significant interest in medical assets and overlay that strong demand with a lack of supply, we saw investment really strong in the medical space with record prices as there were lots of investors looking for very few assets," said Collier's Mark Rubin.
June 22, 2022 at 03:22 PM
4 minute read
Commercial Real Estate
The increase in population due to migration combined with the COVID-19 pandemic has led to the need for more medical office space in South Florida.
And as the population ages, investors are seeking safe assets to invest in. That's according to Collier's' Mark Rubin, who said buyers will likely spend a lot of money on build-outs.
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