Repositioning Properties Into Life-Science Facilities And Medical Centers

• Entices funding from investors and the federal government
• Benefits from synergy with nearby facilities and universities
• Improves accessibility to those in urban areas
• Redirects funding that would’ve been used for construction toward patients
• Satisfies demand for in-person space to conduct research and address needs of patients

Real estate expenditures can be so great that they may discourage expansion and diminish the ability of care providers to assist those in need. Unoccupied buildings present an attractive opportunity for negotiating a discounted price and provide additional savings when opting to not develop from the ground up. Through adaptive reuse, life science properties will benefit from ample adjacent parking, proximity to other health service centers, and the space to create a flexible environment.

Read More: 1031 Exchange Series: Life Science Properties & Opportunity Zone Investing

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