• .

Transactions: Like a broken record

Holy-Cross MOB

Among the MOBs that Health Care REIT acquired as part of the largest deal in Q3 2014 was the three-story, 73,724 square foot Holy Cross Medical Center in Mission Hills, Calif., which was acquired for a reported $40.5 million. (Photo courtesy of G&L Realty Corp.)

Q3 2014 MOB sales break the all-time third quarter record from a year ago

By John B. Mugford

After three quarters of the year, 2014’s medical office building (MOB) sales volume was on pace to set the all-time yearly record, with a potential for topping the high mark set just a year ago.

However, it’s going to be close, because 2013 finished remarkably strong with an all-time quarterly record for MOB sales in of $2.52 billion in the fourth quarter (Q4). That’s according to real estate research firm Real Capital Analytics (RCA) Inc.

The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE

Existing Users Log In