NEWMARK KNIGHT FRANK

$652M+ in MOB Transactions for June 2019

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

65 medical office building transactions closed in June, totaling over $652 million or 1.985 million square feet. California had the most medical office building transactions with 11 (16.92% of total), followed by Washington with 7 sales (10.77% of total). The average deal size was $10.8 million. The sale of Genesee Plaza in San Diego for $90 million was the largest transaction during June, according to Real Capital Analytics.

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Source: Real Capital Analytics, as of July 25, 2019

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