Demand for medical office buildings continues to overwhelm supply in mid-year 2013, pushing pricing higher and causing capital to chase tertiary properties. More than 120 medical office buildings (MOBs) valued in excess of $1.8 billion sold in the first half of this year, according to Jones Lang LaSalle’s practice. Though that number is down from mid-year 2012, which saw 171 transactions at $2.3 billion, values are greater this year, with the average price per sq. ft. at $197, ...
NREIonline.com Freemium Content
"Printer-friendly" is FREE to access as a registered user on NREIonline.com.
Why Register for NREIonline? It's simple and free, and here is what you get:
- Access to leading real estate industry research.
- Interactive rankings of commercial real estate professionals.
- Submit your own articles, (if approved) which will appear around the site.
- Ability to comment and interact on all site content.