ROBERT BACH, WELL-KNOWN ECONOMIST, CONSIDERS THE ‘STATE OF INDUSTRY’
By John Mugford
Economist Robert Bach of Grubb & Ellis Co.
HREI™ photo
Even though healthcare real estate has weathered the waning recession quite well, the improving economy of the next couple of years should see even more demand for new medical office space. In addition, medical office building (MOB) vacancy rates should drop and there should be an increase in investments in the medical office sector.
These messages, and others, came from Robert “Bob” Bach, a senior VP and chief economist with Santa Ana, Calif.-based Grubb & Ellis Co. (NYSE: GBE), at a recent one-day MOB conference in the Minneapolis suburb of Golden Valley.
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
Comments are closed, but trackbacks and pingbacks are open.