Although MOB completions slowed a little bit towards the end of 2020, starts remained pretty much in line with past years with 20.9 million square feet of space started as of the fourth quarter.
mob construction
Medical Office Buildings Have Remained Strong Through It All
Not just from an anecdotal point of view, but from one of statistics and data, MOBs have held up very well as an investment and property type since the onset of the COVID-19 pandemic.
Five Fast Facts: A Quick Shot Of Healthcare Trends
The trend toward lower cost outpatient care and an aging MOB inventory are fueling everything from a rise in Urgent Care centers to growth in medical office rents to consistent construction output.