GLOBAL HEALTHCARE SERVICES

NEWMARK

February MOB Sales

A total of 73 medical office building transactions closed in the month of February totaling over $921 million or 3.17 million square feet. Texas had the most medical office building transactions with 13 (18% of total), followed by California with 10 (14% of total). The average deal size was $12.3 million, and Heitman’s $585 million acquisition from Bentall Kennedy was the largest transaction for the month. Heitman was also the most active buyer with this acquisition.

(Source: Real Capital Analytics, Inc.)

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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.

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