Virginia is well-known for its starring role in U.S. history. Known as the “birthplace of a nation,” The Commonwealth of Virginia was the first English colony in the New World and was the site of more than half of all Civil War battles. Monticello, Thomas Jefferson’s famous home, and the UNESCO (United Nations agency) World Heritage Site also draw modern tourists to the state.
Beyond its historical significance, Virginia is remarkable for its natural landscape—which includes extensive forestry, underground caverns, and winding rivers. It’s also home to Shenandoah National Park and the Blue Ridge Mountains, part of the greater Appalachian Mountain Range. And thanks to Virginia’s pleasant subtropical climate, farming and agriculture are major industries in a quarter of the state. However, business also flourishes in Virginia—CNBC even ranked it the Top State for Business in 2019. Perhaps it comes as no surprise then that Virginia also has a reputation for a strong job market.
Many people travel to Northern Virginia because of its proximity to D.C, but there’s plenty more going on elsewhere in the state. The capital, Richmond, is an emerging tourist destination, offering numerous historical markers as well as whitewater rafting on the James River. To the east is Virginia Beach, the state’s most populous city, which is located at the mouth of the Chesapeake Bay. Every summer, it hosts the four-day East Coast Surfing Championships tournament, drawing in both professional and amateur surfers, major and local musicians, and more than 100,000 spectators.
Virginia isn’t only rich with history. Its scenic landscape and promising job market also make it an topt state for putting down physical roots, especially for healthcare practices.
Virginia’s healthcare is among the best in the nation, ranking in the top quartile of all states. Still, more than 9% of Virginians under age 65 lack health insurance, including 88,000 children and 559,000 adults between ages 19 and 64. And this issue doesn’t only affect one group. Demographic data shows that the uninsured come from very diverse backgrounds, although Hispanic Virginians are most disproportionately represented.
Although Virginia outperforms many other states in terms of healthcare, it’s far from perfect. wealth disparities among groups speak to a need for more physicians and healthcare providers in the state. In fact, a report from the Robert Graham Center estimates that the Virginia needs a 29% increase in primary care physicians by 2030, based on population growth and aging projections.
These stats indicate a clear demand for medical professionals in Virginia in both the near future and long term. But for anyone planning on renting or buying a space in Virginia, medical real estate transactions can be overwhelming. For a smoother experience and more peace of mind, tenant representation from a trusted firm like CARR is a must.
Real estate transactions shouldn’t be taken lightly. When it comes to tenant representation in the healthcare industry, you need a medical property expert that can advocate on your behalf. With CARR, that’s exactly what you’ll get.
No other agency delivers real estate solutions with CARR’s level of precision and attention to detail. Our tenant representation brokers cover northern Virginia and Richmond—and, thanks to our deep roots in the state, we always have a finger on the pulse of the local real estate market. That gives us access and insight into far more properties than are available to the public.
CARR’s comprehensive real estate services include:
- Property tours and market analysis
- Lease renewals and terminations
- Site selection
- Expansions, relocations, and additional office locations
- Real estate purchases
- Transitions, mergers, and acquisitions
Physicians, healthcare specialists, and other medical professionals can count on us to handle allreal estate needs. We’ll be there every step of the way, beginning with consultation and site analysis, and ending with a successfully closed deal. Our goal, above all else, is to identify a cost-effective space that helps your practice reach its target population and deliver quality care.
Our medical tenant representation specialists go above and beyond to advocate for your real estate interests. Find a local broker in Virginia below.