The medical outpatient sector has demonstrated strong performance, with vacancy rates falling to 7.4% compared to 13.9% in traditional office spaces, marking record-high occupancy and steady demand growth.
Technology and patient preference continue to drive a shift to outpatient care. Over the next five years, outpatient care volumes in the U.S. are projected to increase by 10.6%, compared to a modest 0.9% rise in inpatient care.
Medical outpatient buildings continue to stand out as a high-performing asset class in a challenging office market. Sunbelt markets are leading the MOB rent surge, supported by strong demographic growth and localized healthcare needs.
Receive newly posted industry news and information delivered right to your email inbox!
