Medical Office Demand To Continue Strong As Healthcare Chases Rooftops
Demand should continue to remain strong for MOBs as healthcare companies move closer to patients.
Demand should continue to remain strong for MOBs as healthcare companies move closer to patients.
Investors are eager to buy MOBs in Chicago, almost as much as in NY.
After stopping most new leasing activity in the spring, small medical providers, as well as health and wellnees groups, are starting to look for new spaces.
The medical office is wandering toward recovery post-pandemic as the industry also trends toward where people live in Houston.
National medical office investment hit a record high of $15.4B last year, according to Newmark.
Two major healthcare property REITs that own and operate medical office buildings nationwide are on the verge of a merger.
The demand for medical office space is outpacing supply in many markets across the U.S.
The 78 property portfolio is valued at $450/SF and the deal is expected to close in Q3 2017.
The State has approved a proposal by a JV for a new 60k SF medical office building in Downtown LA, a area considered "medically underserved"
Houston's medical office market absorbed 40K SF in Q1, while five of the 20 largest projects in the country are expected to deliver in the metro this year.
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