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Over $574.2M in MOB Transactions for March 2019

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

Seventy-eight medical office building transactions closed in March, totaling over $574.2 million or 2.587 million square feet. California had the most medical office building transactions with 13 (16.67% of total), followed by North Carolina with 11 sales (14.10% of total). The average deal size was $8.97 million. Welltower’s $64.8 million acquisition of an office portfolio in NC was the largest transaction during February, according to Real Capital Analytics.

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Source: Real Capital Analytics, as of May 22, 2019

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