However, dollar volume of $2.13 billion was bolstered by two big deals
By John B. Mugford
This 10-story, 52,337 square foot medical office building (MOB) at 147 Milk St. in Boston was acquired by Multi-Employer Property Trust for $33.3 million, making it one of the largest MOB acquisitions during the second quarter. Photo courtesy of Colliers International
Medical office building (MOB) sales volume was strong during the second quarter (Q2) of 2016, with two large deals dominating the transaction activity.
According to commercial real estate research firm Real Capital Analytics (RCA) Inc., Q2 sales totaled a very strong $2.13 billion, making it one of only nine quarters (out of a total of 62 quarters) to top the $2 billion mark since 2001, when RCA began compiling MOB data.
As noted, the quarterly total includes two very large sales:
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
