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.
revista data
Medical Office Space Still Steady, Revista Says
Although the past year included a worldwide disruptor and health crisis, MOBs continue to march on their steady course according to data presented during a recent virtual presentation by Revista, a firm that compiles nationwide healthcare real estate facilities information.
Medical Office Building Sales Were $2B In 3rd Qtr., Occupancies Steady
Although the year-to-date volume is indeed stronger than what many might have anticipated at the outset of the pandemic, Q4 will need to be a strong one to keep pace with the MOB sales volumes of recent years.
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.
Dallas Is Nation’s Second Most Active Medical Office Building Construction Market
Dallas has 14 projects under construction in the medical office building space valued at $503 million and is second only to New York. CLICK ON THE HEADLINE FOR MORE