Market Focus: Twin Cities: the future of healthcare?

‘NEW’ CARE MODELS ARE FAMILIAR TO MINNEAPOLIS-ST.PAUL REAL ESTATE PROS

By Murray W. Wolf

The $17 million, four-story, 158,000 square foot Two Twelve Medical Center in the southwest Minneapolis suburb of Chaska, the largest medical office building to open last year in the Twin Cities metro area, is already fully leased.
Photo courtesy of Mount Development Co.

If you want to get a feel for the future of healthcare and healthcare real estate, you might want to take a look at Minnesota.

Hot topics on the national healthcare scene – increased regulatory control, hospital-physician integration, employed physicians and the need for different delivery models – are yesterday’s news in the state.

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