Health Care Construction Costs Level Out as Regional Growth Patterns Diverge

Recent market analysis shows health care GDP growth over the past decade has been strongest in the West Coast and Southeast regions, while the Midwest and Northeast (except New York) lag behind. Medical office building rental rates in Florida, Indiana, Alabama, Tennessee, and North Carolina metros have significantly outperformed other markets. Health care construction costs, which had risen sharply in recent years, are now leveling out according to industry data.

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