Medical Office Sector Quarterly Data Brief
Revista has posted the 4Q20 MOB Sector Quarterly Brief. Available for a limited time this report provides an executive level overview of supply, demand and rent fundamentals for the aggregate top 50 metros as well as the top 10 markets ranked by total square feet (SF). Fundamentals for the MOB sector were remarkably stable during 2020 given the unstable environment created by the Covid-19 Pandemic. The occupancy rate in 4Q20 was 91.4% across the top 50 metro areas – this was up 20 basis points from 4Q19 when it was 91.2%. Driving occupancy were higher levels of absorption in 2020. In 4Q10, Trailing Twelve Month (TTM) absorption was 14 million SF which was higher than levels seen one year ago.
To access the data brief please click Download below.