Medtail: The Cure for What Ails Brick-and-Mortar Retail?
With the rise in e-commerce, industry experts are finding “medtail” — in which healthcare providers and physician groups lease space in shopping centers and retail properties — is a viable solution for the current lag in retail demand.
Knowing Forbes.com would be interested in exploring the trend’s benefits to landlords, patients and tenants, weconnected the reporter with Taylor Johnson clients HSA Commercial Real Estate and Marcus & Millichap. They explained the trend’s benefits: landlords get e-commerce-resistant tenants that bring new foot traffic; patients get greater convenience; and tenants often get better visibility and accessibility than in hospitals and other traditional spaces. Forbes.com highlighted HSA’s Mayfair Health & Professional Building in Wauwatosa, Wis., and, citing insights from Marcus & Millichap, discussed how national dialysis clinic chains like Fresenius and DaVita are also finding value in traditional retail locations. Read the story here.