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

Register to view the full article

This article is part of our premium content subscription. You need to subscribe to gain access to premium content.

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.

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish