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Vital Signs Remain Strong for Medical Office Sector

Specialized Niche Benefits From Sustained Demand, Lower Exposure to Remote-Working Trend
Medical office construction levels and vacancy rates are near decadelong lows. (Getty Images)
Medical office construction levels and vacancy rates are near decadelong lows. (Getty Images)
By Kevin Cody
CoStar Advisory Services
September 21, 2021 | 5:59 P.M.

The medical office sector was not immune to the coronavirus pandemic, but the resiliency and growth prospects that made the sector appealing for investors in recent years are still present today. Medical office employment has bounced back relatively well, and the aging U.S. population is expected to continue driving demand for medical office space in coming years.

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