GLOBAL HEALTHCARE SERVICES

NEWMARK KNIGHT FRANK

$263M in MOB Transactions Closed in May 2020

Commentary by: Jessica Moore, Financial Analyst, Global Healthcare Services

Thirty medical office buildings transactions closed in May, totaling over $263 Million and 1.775 million square feet. Texas had the most medical office building transactions with seven (21.9% of total); California and Indiana had the second-largest number of sales with four transactions each. The largest transaction was IRA Capital’s acquisition of Magan Medical Clinic in California for $39.9 million.

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Source: Real Capital Analytics, as of June 24, 2020

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