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The $51.32 million sale of the 203,000 square foot St. John Providence Medical Office Building (MOB) at 26850 Providence Pkwy. in Novi, Mich., was one of the largest MOB transactions closed during the first quarter of 2012.
Photo courtesy of LoopNet

Product Focus: Topping $1 billion in Q1

MOB SALES GOT OFF TO A GOOD START IN 2012 By John Mugford Even with all of the uncertainty that had been looming over the U.S. Supreme Court’s decision upholding the constitutionality of the healthcare reform law, one thing remained certain during the first quarter (Q1) of 2012: Buyers were interested in healthcare real estate. […]