MOB’s Low Vacancies, Longer Leases Boost Investor Appeal
Thanks to an aging population that requires more care and the need for medical office visits when a patient is ill or has a chronic disease, medical offices remain in demand. As a result, in the first quarter of 2023, the national medical office vacancy rate was only 9.2% — just under half the 17.5% vacancy rate for traditional offices.
Florida-Based Primary Care Provider Expands Into Fort Worth With Two Acquisitions
Palm Medical Centers is expanding into Texas with the acquisition of Texas Family Medicine and Fort Worth Primary Care with both shifting to the Palm Primary Care Texas brand. Palm Medical Centers will also establish its Texas corporate office in Fort Worth as it expands into the state.
Five Reasons For Physicians To Invest In Medical Office Buildings
According to a recent report, there are five reasons why medical office buildings could be a good investment for physicians due to their stability and upside potential.