HRPG’s Un-Medical Properties
Health-Pro Realty Group (HPRG) principal Charles Feitel tells us that the hot trend in medical buildings is non-traditional medical office locations, specifically former retail big boxes such as Barnes & Noble and Best Buy. In fact, a medical center just made its new home in a former mall in Atlanta. Now, the idea is catching fire in the DC area, with Chuck working on at least three non-traditional listings in the last six months. One of these is in New Carrolton—a 50k SF empty office building in the high-visibility location of The Beltway and Annapolis Road. Another is at a former retail space in Potomac Mills, Woodbridge, where 80k SF of it will go medical.