Obsolete MOBs: Resuscitate Or Pull The Plug?
Few firms are as adept at navigating those challenges as Taylor Johnson client HSA PrimeCare, which has developed, acquired and managed more than 2 million square feet of healthcare properties throughout the Midwest. In the November issue of Real Estate Forum, Jon Boley, senior vice president of acquisitions and development at HSA PrimeCare, explains how challenges presented by older buildings – smaller floorplates, lower ceilings and inefficient layouts, to name a few – sometimes result in developers favoring newly constructed buildings that can easily be outfitted with the latest technologies and accommodate larger, multi-specialty practices.
HSA PrimeCare’s developments include a 92_000-square-foot health center in a mixed-use development in Oak Creek, Wis.