Medical Office 2nd Quarter 2010

August 6, 2010

As one might expect with uncertainty, especially the uncertainty surrounding Health Care, Medical Office overall vacancy rate increased and the leasing activity slowed in the 2nd quarter of 2010, as people are sidelined, waiting for what exactly will happen in this industry. 

In spite of this, Healthcare and Bioscience, is a true bright spot in the San Antonio Business and Economic Market ($16.3 Billion and over 116,000 jobs, according to Kim Gatley, NAI REOC Partners), just as San Antonio is a bright spot in the National Business and Economic Market. 

In addition, InCube Labs, Mir Imran plans to invest in San Antonio.  This multimillion dollar investment will create a life sciences incubator mirroring the one located in the California Silicon Valley.