Medical office market has strong pulse.(knowitall)(Brief article)

The aging population is stimulating positive growth in the medical office building market, according to information in a 2007 Marcus and Millichap medical office research report. By the end of 2007, 14.5 million square feet of medical office space is expected to be developed, up from 13.2 million square feet in 2006. Confidence in the market's future is spurring investor demand. Transaction velocity has increased 9 percent, and the median sales price has risen 6.4 percent to $200 per square foot in the last year.

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