Health care remains shining star for Houston real estate

Despite the problems of the oil sector, Houston’s commercial real estate sector remains afloat thanks to the growing health care projects in the area. According to the report of Transwestern, at least $5 billion worth of health care projects are currently being done around Houston to meet the growing demand for health care for the area’s growing population. One of the largest projects included in the report is the Baylor St. Luke’s Medical Center McNair Campus which is worth $1.1 billion. The most expensive building currently being done is Memorial Hermann which is worth $66.5 million and set to open in 2017.

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