【CBRE】MOB Rents Hit Record High as Absorption Turns Positive

• Medical outpatient building (MOB) investment volume rose by 32% quarter-over-quarter in Q2 to $2.2 billion, bringing the trailing-four-quarter total to $9.1 billion.
• The average MOB sale price of $277 per sq. ft. in Q2 was 41% more than the $196 per sq. ft. for traditional office buildings.
• The average MOB capitalization rate rose by 10 basis points (bps) quarter-over-quarter to 7.4%, while that of traditional office buildings rose by 5 bps to 7.9%.

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