• 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 / Construction/Development / What Was Revista’s Most Active Metro in 2017?

What Was Revista’s Most Active Metro in 2017?

February 23, 2018 by Hilda Martin Topics: Construction/Development, Industry News, Leasing/Property Management, Mergers/Acquisitions, Real Estate Financing/Capital Markets

Continuing focus on high medical office sales activity might lead one to wonder where all this activity is occurring. In 2017, more than 25% of sales volume was represented in only 5 metro areas. Who’s leading the pack? HOTlanta. Of the more than $15B that changed hands, Atlanta’s pie slice was over $1B or 6%. Yes, some of that is Meadows & Ohly, but only part of that portfolio actually closed in 2017. Many of the other properties that traded were not part of a portfolio. Not only is Atlanta the most active in terms of sales, but it also has 1.4M square feet of outpatient space currently under construction, second only to New York City. Almost all of the projects under way are being developed by a third party and some of that construction is speculative. This differs from the rest of the country where most projects are self-developed by the provider. That being said, if one were to build speculatively, Atlanta would certainly be the place to do it! Atlanta continues to be one of the strongest cities both in terms of population and economic growth. The developers in Atlanta come in all shapes and sizes. Loudermilk Companies covers all types of commercial real estate with a focus and understanding of the Atlanta metro area. Currently they have two sizable medical buildings under way. One is 120,000 square feet with 30% pre-leased as of ground breaking. Parkside Development is more healthcare focused with a number of projects in various phases of development. They balance their speculative risk with some build-to-suit projects for Piedmont Healthcare and other local providers. Then there are some like Realty Trust Group who often work for a provider as a fee for service, and not only for development services but in many advisory capacities as well. They are currently building for Northside Healthcare and Harbin Clinic. Subscribe to Revista for more information on these projects and stats in your market area.

Atlanta MOB Key Stats:

Atlanta Stats

Hilda Martin
Hilda Martin

Other Articles by Hilda Martin:

    • MOB Transaction Volume Cools in 4Q, Cap Rates Creep Up
    • MOB Construction Off Recent Highs in 4Q
    • Physicians Moving Away from Independent Practice, Monetizing their Real Estate

Previous Post:Revista Welcomes Three New Advisory Board Members
Next Post:Big Reverse Monetization Kicks Off 2018

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