The Pegasus Park office campus is the future landing site for life sciences firm BioLabs’ central U.S. hub. To date, CoStar Group has identified 188 sites in Dallas-Fort Worth dedicated to life sciences tenants, with over 15,000 employees.
A specialized sector of the property market has continued to deliver solid returns throughout the Covid-19 crisis: one big winner globally is medical office buildings, whose tenants mostly offer essential services.
The medical office sector has been a standout in CRE investment partly due to pandemic-spurred demand for health care services that includes stand-alone offices, retail spaces, medical clinics and urgent care facilities.
In the face of COVID-19, medical office buildings are standing empty, and the threat of tenants missing lease payments mounts. Still, experts say, investors have every reason to keep MOBs high on their list of sector favorites. CLICK ON THE HEADLINE FOR MORE