NEWMARK KNIGHT FRANK

October MOB Sales

66 medical office building transactions closed in the month of October 2017 totaling over $493 million or 1.8 million square feet. California had the most medical office building transactions with 10 (15% of total), followed by Florida with 9 (13% of total). The average deal size was $7.3 million and Welltower’s $31.5 million acquisition of a medical office building in Florida represented the largest medical office transaction for the month. Montecito Medical was the most active buyer with 7 medical office transactions totaling over $74.9 million.

(Source - Real Capital Analytics, Inc.)

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