• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
  • Blog
  • Free Resources
RevistaMed

RevistaMed

  • About
    • Meet Revista
    • Advisory Board
    • Partners
    • Press
    • Rising Leaders Council
    • Sponsorship
    • Contact Us
  • Events
  • Why Subscribe?
    • Featured Products
    • Business Development
    • Underwriting & Due Diligence
    • Asset Management
    • Capital Markets
    • Site Selection & Development
    • Leasing
  • Subscriber Login
Home / Industry News / JLL Confirms that Scale Promotes Institutional Investment – Top 10 Largest Single MOB Sale Value

JLL Confirms that Scale Promotes Institutional Investment – Top 10 Largest Single MOB Sale Value

September 27, 2018 by Mindy Berman Topics: Industry News, Real Estate Financing/Capital Markets
  • The growing size of medical office buildings and the related need for healthcare providers to utilize third-party capital is increasing opportunities for institutional investment in the sector.
  • For the first time, a medical building sold for more than $400 million – the 510,000 s.f. Memorial Hermann Medical Plaza in Houston sold for $405 million, or $800 p.s.f.
  • Another sold for over $300 million – the 386,500 s.f. NYU Langone Ambulatory Care Center in Manhattan sold for $332.5 million, or $860 p.s.f.
  • The scale and high price per square foot value of these buildings is supported by alignment with renowned market-leading health systems within urban core areas, reinforcing the investment thesis for institutional capital.
  • JLL believes the supply of large scale single-asset opportunities will continue as healthcare delivery becomes more concentrated with leading health systems in highly populated metros, accelerating investment activity in an increasingly accepted asset class.

table_jll

 

Mindy Berman
Mindy Berman

Other Articles by Mindy Berman:

    • 2018 Medical Office Sales Remain at High Level Total – Medical Office Investment Sales
    • Who Were the Hot Buyers of Medical Office in 2017?
    • Look at the Hot Medical Office Money!

Previous Post:Access Physician Practice Revenue Data and Analytics Through Revista’s Property View Reports
Next Post:Dr. Sam Chandan to Return to Keynote the 2019 MREIF!

Sidebar

Topics

  • Construction/Development
  • Industry News
  • Leasing/Property Management
  • Mergers/Acquisitions
  • Policy/Legislation
  • Real Estate Financing/Capital Markets
  • Revista Best Practices
  • Revista News
  • Sponsor Spotlight
  • Transactions
  • Uncategorized

Recent Posts

  • MOB Transaction Volume Cools in 4Q, Cap Rates Creep Up
  • Rehab Hospital Projects Maintain Strong Pipeline
  • MOB Construction Off Recent Highs in 4Q
  • The Fed’s Expectations for 2023
  • Construction Starts have Remained Strong in Select Markets

Archives

Upcoming Events

  • There are no upcoming events.

Other Free Resources

Industry Directory

Search for and/or list your medical real estate services in Revista’s medical real estate directory.

Reports & White Papers

Download free reports & white papers on medical real estate.

Add Lease/Sale Listing

Revista provides free lease/sale listings for healthcare real estate.

Ready to Schedule a Demo?

Get in Touch Now
  • Why Subscribe?
  • Events
  • The MOB Scene
  • Add A Directory Listing
  • Add Lease/Sale Listing
  • Contact Us
  • Sponsorship
  • About
  • Terms of Use
  • Press

SIGN UP FOR MOB SCENE NEWSLETTER

  • Twitter
  • Facebook
  • LinkedIn