GLOBAL HEALTHCARE SERVICES

NEWMARK

$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.

temp-post-image

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

All information contained in this publication is derived from sources that are deemed to be reliable. However, Newmark has not verified any such information, and the same constitutes the statements and representations only of the source thereof, and not of Newmark. Any recipient of this publication should independently verify such information and all other information that may be material to any decision that recipient may make in response to this publication, and should consult with professionals of the recipient's choice with regard to all aspects of that decision, including its legal, financial, and tax aspects and implications. Any recipient of this publication may not, without the prior written approval of Newmark, distribute, disseminate, publish, transmit, copy, broadcast, upload, download, or in any other way reproduce this publication or any of the information it contains. This document is intended for informational purposes only and none of the content is intended to advise or otherwise recommend a specific strategy. It is not to be relied upon in any way to predict market movement, investment in securities, transactions, investment strategies or any other matter.

Download Our
Brochure

Sign Up for Our Newsletter

COVID-19 HeaTHCARE REAL ESTATE UPDATE