Medical Office

One Medical, whose parent is called 1Life Healthcare Inc., operates 182 medical offices in 25 markets in the United States. Customers pay a subscription fee for access to its physicians and round-the-clock digital health services.

Activist investor Jonthan Litt owns a stake in Healthcare Realty, which is proposing to buy Healthcare Trust of America Inc.

There is more than 50 million sq. ft. of medical office development currently in the construction pipeline throughout the United States.

Demand remains high and the tenant base is stable, leading to healthy interest from real estate investors.

The REIT’s “wellness infrastructure” portfolio includes seniors housing, skilled nursing facilities, hospitals and medical office buildings.

The transaction values the portfolio at $1.78 billion and is expected to generate $1.3 billion in proceeds for Medical Properties Trust.

Shopping centers continue to appeal to medical clinics seeking to increase market exposure and accessibility.