What Actually Moved in Medical CRE This Week
- Shane Lovelady
- Aug 30
- 2 min read
This week offered a clear view of how medical real estate continues to serve every scale of care—from rural hospitals to large regional towers. It’s a market where the quiet momentum often signals more than loud headlines ever could.
In Bolivar, Tennessee, the micro-hospital project that began earlier recently broke ground. At just over twenty-eight thousand square feet, this facility will replace an outdated hospital and deliver a full complement of services including inpatient care, imaging, outpatient services, and an emergency room with negative pressure rooms for infection control. It shows how strategic real estate can shore up critical access in rural regions.
Moving east, Northside Hospital Forsyth in Georgia turned dirt on another expansion. This time it’s a 118,000-square-foot multi-tenant medical office building with an ambulatory surgery center, imaging, and specialty physician practices already committed to space. When nearly every square foot is preleased at groundbreaking, that tells you something about demand in mature suburban systems.
Sarasota Memorial Health took a more deliberate path. Rather than build out fully now, leaders approved adding shell space to their North Port hospital project next year. The plan doubles inpatient beds and office capacity but allows flexibility and less disruption as demand grows. It’s a classic example of modular design balancing cost with long term growth.
Novant Health in Greenville, South Carolina, also held its groundbreaking. This campus includes a twenty-bed hospital, surgery, imaging, and space for future expansion. Anchoring health access along a growing corridor, the project reflects how new communities want care delivered where they actually live—not ten miles away.
On the institutional side, Project Health Tower in Omaha quietly took another step forward. The university board approved up to five hundred million dollars in long term bonds and short term funding to keep the $2.19 billion tower advancing. With five hundred beds plus training and research space, it reinforces how academic systems continue to define healthcare infrastructure for the long run.
Across these developments, one theme stands clear. Rural access, suburban density, long term flexibility, new markets, and institutional scale are all moving forward in lockstep. Medical real estate isn’t just active—it’s smartly active, driven by need and anchored by strategy.
Want to walk through comps, cap rates, or lease visibility for these trends? Let’s discuss.
📅 Book a call: https://calendly.com/contact-loveladyperspective
📰 Sign up for updates: https://www.loveladyperspective.com/contact
Comments