MOB Sales Volume Down but Prices Up Due to High Demand

MOB Sales Volume Down but Prices Up Due to High Demand

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

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