CommercialSearch just published a new report overviewing the medical office building market. The report looked at the 20 largest medical office deliveries of 2024 and highlighted the markets with the most active medical office pipelines as well as the evolution of the largest U.S. medical building markets over the last 10 years.
Madison’s Eastpark Medical Center property ranked as the largest medical office development in the U.S. to be delivered this year. The 469,000-square-foot property owned by UW Health is expected to reach completion in the third quarter of 2024 and is Madison’s only medical office development larger than 25,000 square feet.
Madison’s medical office market is set to increase by 16% thanks to the development, representing the highest percentage increase nationwide.
