NEWMARK KNIGHT FRANK

$319M+ in MOB Transactions for July 2019

Article commentary by: Tina Sui, Financial Analyst, Global Healthcare Services

Sixty-five medical office building transactions closed in July, totaling over $319 Million or 1.959 million square feet. Texas had the most medical office building transactions with 8 (12.31% of total), followed by Georgia with 7 sales (10.77% of total). The average deal size was $6.2 million. Harrison Street’s $29.4 million acquisition of Summit Orthopedics was the largest transaction during July, according to Real Capital Analytics.

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Source: Real Capital Analytics, as of August 26, 2019

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