NEWMARK KNIGHT FRANK

Over $625.5M in MOB Transactions for December 2018

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

Eighty-four medical office building transactions closed in December 2018, totaling over $625.5 million or 2.685 million square feet. California had the most medical office building transactions with 14 (16% of total), followed by Texas with 9 sales (10% of total). The average deal size was $7.6 million. Kayne Anderson’s $74.6 million acquisition of Think Whole Person Healthcare in Omaha, NE was the largest transaction during December.

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Source: Real Capital Analytics, February 26, 2019

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