Medical Office Space Market Tightens
Health Care Report | By: Peter Zalewski
It's hard to find quality medical office space in Dade County, and the market should get even tighter because demand is strong and new construction is scant.
Kenneth Weston, President of Kenneth Weston & Associates, who specializes in medical space, said the merging of physicians into specialized practices and the growth of the medical-related industry is creating a demand for large amounts of contiguous office space.
Many doctors and companies, he said, prefer buying buildings to leasing in order to control costs. "There is virtually no large building in excess of 25,000 square feet available for users," Mr. Weston said. "The reason is that there have been very few new buildings built recently in all of Dade County."