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Medical
Office
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“As healthcare delivery continues to shift toward outpatient settings, Healthcare Realty Trust is focused on meeting health system demands for more medical office capacity, critical to hospitals for recruiting physicians on campus and ensuring future market position.”
Todd Meredith and Amy Poley Real Estate Investments
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Healthcare Realty Trust is one of the largest owners, developers and managers of medical office facilities nationwide. The Company has devoted approximately 83% of its investments to medical office and outpatient facilities, including ancillary hospital facilities, which function as extensions of the hospital and often include office space, imaging and diagnostic services, and/or ambulatory surgery centers.
Healthcare Realty has been developing and managing outpatient medical office facilities since 1995 and has an experienced infrastructure in place to take advantage of heightened development trends on hospital campuses. We currently provide property management services to more than seven million square feet. We have developed over 50 buildings valued at over $500 million in both urban and rural markets. Our partners tend to be leaders in their markets, and they recognize that their capital is better invested in delivering quality patient care than in owning real estate.
One of the most important factors in our decision to invest capital is our relationship with the health system. We have found that successful real estate partnerships result from a shared mindset regarding facilities as the basis of a lasting relationship, rather than merely a financial transaction. Our decision to invest depends on critical discussions with a health system’s leadership to determine how a new building will meet their long-term strategic needs and further their clinical mission objectives.
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