What’s Coming Up This Week in Medical CRE

The coming week brings a mix of smaller community projects and large scale developments that together show how diverse the medical real estate pipeline has become.

In Tennessee, the micro hospital in Bolivar continues to move forward. This twenty eight thousand square foot facility replaces the aging Bolivar General and will carry inpatient beds, imaging, outpatient care, and emergency services. It is backed by a state resiliency grant and land support from the city, which makes it a model for how rural communities can secure modern facilities when capital would otherwise be scarce.

Up in Georgia, Northside Hospital Forsyth has started its new medical office building on campus. The four story building is already heavily preleased, bringing specialists from pulmonology to neurology into one location. Alongside it, nearly nine hundred new parking spaces are being added. The takeaway is that demand for large scale outpatient space is strong when anchored by an active system and supported by tenant commitments before the first steel goes up.

Florida has its own expansion story. Sarasota Memorial is preparing to clear land for a major addition in North Port. Instead of waiting for demand to catch up, the system is putting shell space in place now. That choice doubles inpatient capacity and increases medical office square footage at a fraction of the cost of building later. It is a clear example of how systems are thinking long term, using design to manage both cost and growth.

Novant Health is also moving forward in Greenville, South Carolina, with a campus anchored by outpatient surgery, imaging, and flexible clinic space. It is a strategic play along the I 385 corridor, where population growth is steady and competition for referrals is increasing.

At the same time, Nebraska is reminding the industry that large projects still matter. The University of Nebraska Medical Center and Nebraska Medicine are continuing construction on their billion dollar Health Tower in Omaha. With hundreds of beds and more than a million square feet, it is designed not only to treat patients but also to train the next generation of physicians. It shows that even in a cycle focused on outpatient and smaller builds, institutional scale projects are still shaping the long horizon.

Each of these stories points to the same truth. Medical CRE is not moving in one direction. Rural towns are securing micro hospitals, suburban systems are locking in outpatient density, coastal systems are building for long term growth, and academic centers are raising towers. Together they show a market that is cautious but still building, with strategy guiding every square foot.

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