What is the scope of medical real estate in the US?
Revista is tracking 3.5 billion square feet of medical real estate, with an estimated value of $1.4 trillion. This is a combination of both inpatient and outpatient buildings. The chart to the right displays an overview of the outpatient side of medical real estate in the 100 largest metro areas. As of the 1Q2025, there are 1.07 billion square feet of medical office buildings with another 24 million square feet under construction. $7.6 billion of MOB sales have occurred in the past year. Fundamentals are strong with occupancy at 92.8%, an average triple-net rent of $25.21 per square foot, and average rent growth of 1.8%.
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Data and Analytics that Drive Your Business Forward
- Business Development
- Underwriting & Due Diligence
- Asset Management
- Capital Markets
- Site Selection& Development
- Leasing
Business Development
Find your next opportunity with the most complete database of medical office building owners and contacts. Refine your search to uncover properties that fit your investment criteria with owners that might be open to selling. Get intel on investors, providers, hospital systems and other entities in …
Underwriting & Due Diligence
Review activity around a specific property to assess risk and support a financing decision. Evaluate the local market on stats such as occupancy, rents, sale transactions and construction activity. With a subscription to Revista, you can access and provide market stats from an objective third party …
Asset Management
Monitor activity around your properties and compare your portfolio to local the local market. Review stats on occupancy and rents. Find out who is buying and/or building properties near yours. Also assess what the healthcare market looks like for your anchor tenants by analyzing provider density, …
Capital Markets
Communicate the value of the overall healthcare real estate sector with national stats and trends on sales volume, pricing, performance, and construction activity. Support and/or build your specific portfolio/investment strategy …
Site Selection & Development
Support your site selection and location strategy with access to a suite of tools that identify specialty demand, density and building performance. Use Revista data to promote proposed properties to potential …
Leasing
Support your leasing efforts by accessing Revista’s provider contact database and specialty demand tools. Use market share, provider density data and trends along with demographics to show potential tenants the value of your space. Monitor tenants coming up on lease renewal and negotiate lease …
“The healthcare real estate sector continues to grow and, with an increased interest in healthcare real estate investments, comes the need for trustworthy data. Revista is unique in that their focus is on improving the availability of reliable medical real estate data to facilitate a better-equipped industry and ultimately improve delivery of quality health care. Healthpeak is a proud partner of Revista. We have found great benefit in utilizing Revista’s comprehensive database and through participation in their conference/events.“
— Libby Langenderfer
Director-Leasing,
Outpatient Medical
Healthpeak (NYSE:DOC)