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In-migration and aging population drive robust Orlando, Florida, medical office demand

CoStar releases a new quarterly medical office report for major markets across the US
Upshot Medical Center at Mills Park North, built in 2023, was developed as an investment by Upshot Capital Advisors. It has been fully leased by Charter Research and Encore Imaging and sold in April 2025 to Advent Health alongside a 0.52-acre parcel for $60 million or $845 per square foot. (CoStar)
Upshot Medical Center at Mills Park North, built in 2023, was developed as an investment by Upshot Capital Advisors. It has been fully leased by Charter Research and Encore Imaging and sold in April 2025 to Advent Health alongside a 0.52-acre parcel for $60 million or $845 per square foot. (CoStar)
CoStar Analytics
May 15, 2025 | 3:28 P.M.

Medical office buildings have demonstrated stable performance for the past few years, presenting a marked contrast with traditional offices. The subsector enjoys several structural advantages that are likely to persist despite short-term economic headwinds.

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