The healthcare industry is booming in Tennessee; in fact, its largest city Nashville is considered the nation’s healthcare capital. Over 500 healthcare businesses have locations in Nashville, including the headquarters of 17 publicly traded companies. What’s more, the city’s thriving healthcare market contributes hundreds of thousands of jobs and billions of dollars to the local economy annually.
The flourishing healthcare industry is not confined to Nashville, however. The city’s healthcare firms have additional locations throughout the state— nearly 600 in Tennessee, as well as offices in 48 other states. Moreover, Tennessee is one of the U.S.’s top exporters of medical supplies and equipment.
In addition to healthcare providers, the state’s medical industry comprises pharmaceutical manufacturers, medical device companies, long-term care management, and insurance providers. Some familiar names include HCA Healthcare, Community Health Systems, United Healthcare, and Brookdale Senior Living.
This makes Tennessee an ideal state to invest, purchase, or lease healthcare real estate for your practice. However, doing so is easier said than done, especially for healthcare practitioners and medical professionals that lack formal commercial real estate training.
Fortunately, tenant representation services can help. With a real estate brokerage like CARR, you’ll have a team of qualified experts to help you navigate complex commercial real estate transactions. Our savvy tenant representatives will advocate solely on your behalf to secure the most equitable healthcare real estate solution for your specific needs.