A JLL report examined the trends behind the recent healthcare real estate boom, finding that medical office buildings are contributing to the booming outpatient sector, Connect Commercial Real Estate reports.
What you should know:
1. Medical office buildings are selling well in nearly all U.S. markets, despite current U.S. events.
2. Since 2015, medical office building occupancy rates have hovered between 92 percent and 92.5 percent.
3. It's believed occupancy rates will remain stable for the future, but rent growth opportunities will be limited because of the already high rates.
4. Despite that, medical office building demand has kept operating income steady and should continue to do so through any recession.