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Development: Development on the rise?

The more outpatient healthcare real estate (HRE) projects that are developed in any given year, the better business is for almost everyone involved in the sector.

Healthcare giant Kaiser Permanente, which opened the $32 million, 57,000 square foot Market Street Medical Office Building in Ventura, Calif., last year, has a reputation for self developing and owning it’s healthcare real estate.

That includes: investors, as there will be more product for them to acquire in years to come; sales professionals, who will have more product to eventually sell; and, of course, development firms, who have more projects to bid on and hopefully land.

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