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Home / Medical Office Construction

Medical Office Construction

2018 HREI/Revista Outpatient Development Survey Now Open through 2/15!

January 24, 2019 by Mike Hargrave

The 2018 HREI/Revista Outpatient Development Survey is now open! Click here to take the survey https://www.surveymonkey.com/r/6C97JF8 Deadline is 2/15/2019 so please fill out today! Healthcare Real Estate Insights and Revista have …

Read more2018 HREI/Revista Outpatient Development Survey Now Open through 2/15!

2019 MOB Starts Trend Toward Large, Multi-Specialty Outpatient Centers

January 22, 2020 by Hilda Martin

Last year 77 medical office projects started that will be over 100,000 square feet when completed. That’s quite an uptick over previous years when we averaged less than 50. The …

Read more2019 MOB Starts Trend Toward Large, Multi-Specialty Outpatient Centers

3Q MOB Construction Pipeline Hits 51 million SF as Opens Remain Low

September 29, 2022 by Hilda Martin

Medical office construction dynamics continue to show the effects of delays related to labor and supply shortages. Another quarter of lower than usual deliveries resulted in the under-construction pipeline growing …

Read more3Q MOB Construction Pipeline Hits 51 million SF as Opens Remain Low

Breaking Ground in Medical Real Estate

September 24, 2015 by Mike Hargrave

Below are recent medical office projects that have broken ground. Olympic Medical Center has broken ground on a new 42,000 square foot medical office building on its campus in Port …

Read moreBreaking Ground in Medical Real Estate

For Community Based Building & Services, Flexibility is Key

November 26, 2019 by Hilda Martin

Perusing the Wall Street Journal this weekend, I came across an interesting article: ‘Ok Boomer, Who’s Going to Buy Your 21 Million Homes‘. The article talked about the staggering number …

Read moreFor Community Based Building & Services, Flexibility is Key

High Demand Specialties – Orthopedics

October 23, 2019 by Hilda Martin

There are currently about 600 medical office projects under way across the country. More than 15 percent of those projects include orthopedics. Why do so many projects include this specialty? …

Read moreHigh Demand Specialties – Orthopedics

Medical Construction is in Every State

December 2, 2015 by Mike Hargrave

Did you know that Revista tracks medical real estate construction? Yes, it does track both Hospital and Medical Office construction across the United States. We finished the initial count of …

Read moreMedical Construction is in Every State

Medical Real Estate Construction Pipeline at $97.1 Billion – 10 Insights from Revista’s US Construction Report

February 29, 2016 by Mike Hargrave

A new report released by Revista shows that the healthcare real estate construction pipeline is active and growing. Overall, Revista reports the total construction pipeline at $97.1 Billion at year …

Read moreMedical Real Estate Construction Pipeline at $97.1 Billion – 10 Insights from Revista’s US Construction Report

Medical Real Estate Construction Pipeline is Growing

September 15, 2016 by Mike Hargrave

Revista has recently posted all Mid-Year reports to its subscriber pages. Among the reports posted is the Mid-Year 2016 US Medical Real Estate Construction Report. This report details National construction …

Read moreMedical Real Estate Construction Pipeline is Growing

MOB Construction Pipeline Grows throughout 2020

December 17, 2020 by Hilda Martin

Despite the challenges this year with COVID-19, medical office projects continue to break ground. Openings are not keeping pace, resulting in an in-progress pipeline that continue to grow. As of …

Read moreMOB Construction Pipeline Grows throughout 2020

MOB Project Delays Temper Deliveries, Starts Steady

August 19, 2021 by Hilda Martin

MOB project completions continue to slow in 2Q, down to 17 million square feet in annual deliveries. This is the lowest pace of deliveries in the last 6 years and represents a 32% decrease from the annual run rate of 25.1 million SF in deliveries in 1Q2020- just before the onset of COVID and all the related shutdowns, restrictions and labor shortages.

Read moreMOB Project Delays Temper Deliveries, Starts Steady

Over 16 Million Square Feet of MOB Space Scheduled to Complete in 2015

August 31, 2015 by Mike Hargrave

Revista has recently released mid-year 2015 construction reports. A national report is available for purchase while subscribers have additional access to the top 50 metros report, and 8 region reports. …

Read moreOver 16 Million Square Feet of MOB Space Scheduled to Complete in 2015

Revista Releases 2017 Mid-Year Construction Reports – 5 Key Takeaways

August 22, 2017 by Mike Hargrave

Revista has posted all Mid -2017 Construction Reports to its subscriber portal.  Subscribers to Revista can access through “my Revista” page located at  http://www.revistamed.com/user/myaccount.  Here are 5 key takeaways from …

Read moreRevista Releases 2017 Mid-Year Construction Reports – 5 Key Takeaways

Secondary Markets Less Affected during Pandemic

April 28, 2021 by Hilda Martin

The medical office building sector has held up remarkably well during the COVID-19 pandemic and continues to be an attractive asset class to investors for it’s resilience. Occupancy has remained …

Read moreSecondary Markets Less Affected during Pandemic

The 2021 Outpatient Development Survey is Open!

February 23, 2021 by Mike Hargrave

Healthcare Real Estate Insights and Revista have partnered to create the healthcare real estate industry's most comprehensive survey of outpatient medical construction activity.

Read moreThe 2021 Outpatient Development Survey is Open!

The Revista Pipeline: Medical Office Construction Projects

April 21, 2015 by Mike Hargrave

Below are selected construction projects from Revista’s medical real estate database.  Subscribers have access to this database containing over 55,000 medical properties plus market reports for only $80/month. St. Lukes receives …

Read moreThe Revista Pipeline: Medical Office Construction Projects

Third Party Development Trending Up

January 28, 2021 by Hilda Martin

In the past, the lion’s share of MOB development has been self developed by the hospital system or provider. In fact historically, third party development has only represented around a …

Read moreThird Party Development Trending Up

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  • Limited Transaction Volume to Start 2025 April 29, 2025
    The preliminary 1Q25 numbers are in, and they show that transaction volume has been slow to kick off the year. $1.5 billion worth of MOBs traded in the 1st quarter, and $8.9 billion traded over the past year. This suppressed level of activity is . . . The post Limited Transaction Volume to Start 2025 […]
    Stephen Lindsey
  • A Look at 1Q25’s highest occupied Medical Office Market April 28, 2025
    That’s right!  With a 1Q25 occupancy of 96.9%, Asheville NC is the highest occupied market of the largest 125 metros RevistaMed tracks each quarter.  Asheville, which is still recovering from the effects of Hurricane Helene in September of 2024, can find strength within its healthcare market and within the MOB sector. The post A Look […]
    Mike Hargrave
  • Rising Rents for Newly Built MOBs March 31, 2025
    How have rising construction costs affected rents? Revista’s construction data continues to show increases in the cost of building an MOB. The average cost per square foot came in at $549 for completed MOBs in 2024. That is a . . . The post Rising Rents for Newly Built MOBs appeared first on RevistaMed.
    Stephen Lindsey
  • Cap Rates by Property Price February 28, 2025
    Typically, the transaction stats we look at are only for MOB trades that are at least $2.5 million. However, we do have data on a solid portion of the smaller deals. In the chart below we compare cap rates based on the property price, including those under $2.5M . . . The post Cap Rates […]
    Stephen Lindsey

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