Clinics filling malls' empty spaces

Urgent-care clinics are becoming desirable tenants for mall owners and are a growing segment of the medical retail industry


One promising new group of tenants for struggling malls are walk-in medical clinics, according to an article on the Bloomberg Businessweek website.

There were 9,400 walk-in clinics in the U.S. in 2013, according to the Urgent Care Association of America, a 20 percent increase since 2009. A little more than a third are located in strip malls and shopping centers.

For mall owners, urgent-care clinics make desirable tenants. Clinics often pay higher rents (about $25 per square foot), have better credit and tend to sign longer-term leases. 

The clinics look for retail outlets with high visibility, high traffic patterns, and signage capabilities, an approach known as the Blockbuster strategy, after the video rental company that wound down last January, because its shuttered retail locations often suit the needs of mall clinics, the article said.

Read the article.

 

 



January 19, 2015


Topic Area: Renovations


Recent Posts

Cyberattack Results in Patient Reroutes at Anne Arundel Medical Center

A recent cyberattack on Luminis Health Care led to care disruptions and treatment cancelations at Maryland hospital.


Tangram Furnishes Be Well OC Irvine Behavioral Health Campus

Case study: Through a public-private partnership, Be Well OC’s 22-acre Irvine campus expands Orange County’s continuum of behavioral healthcare.


Suntree Internal Medicine Reports Data Breach

Suntree Internal Medicine has no evidence of misuse, or attempted misuse, of any potentially affected information.


Why Healthcare Facilities Management Is Critical to Patient Safety 

Hospitals and other healthcare facilities rely on much more than doctors and nurses to keep patients safe.


Sanford Health and North Memorial Health Finalize Partnership

An integration process is underway to create a unified organization.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.