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Puget Sound First Quarter 2018 Real Estate Wrap-Up

First few Article Sentences

Amazon, Berkshire Hathaway, JPMorgan Chase, Walmart—big names in other sectors are making big moves into the healthcare arena. The effect on healthcare real estate will not be felt for a while. However, it is certainly beneficial for the US economy to have a healthier, more productive population and maybe it’s time for private companies to help make this happen as national governmental support pulls back.

In the Puget Sound region, hospitals are moving forward with expansion plans, translating into more activity in Q1 2018, including new locations, acquisitions and joint venture arrangements to expand services such as rehab and behavioral health services. Large regional multispecialty clinics have continued the trend of selling to larger systems – Everett Clinic, Southlake Clinic, Doctor’s Clinic, and The Polyclinic rumored to be close behind. If you have “clinic” at the end of your name, be prepared for an ownership structure change.

Carr, CCIM/MBA, Paul



Real Estate

May 8, 2018

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