NEWMARK KNIGHT FRANK

Average MOB Deal Size of $14.9 Million for July 2018

Article commentary by: Will Burnette, Global Healthcare Services

Fifty medical office building transactions closed in the month of July, totaling over $730 million or 1.6 million square feet. Texas had the most medical office building transactions with 10 (20% of total), followed by Florida with 8 (16% of total). The average deal size was $14.9 million. LaSalle’s $404.7 million acquisition of Memorial Hermann Medical Plaza in Houston was the largest transaction during the month of July. LaSalle was also the largest buyer in terms of dollars.

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(Source: Real Capital Analytics, Inc.)

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