For-sale medical office buildings are supposed to be in short supply, yet the head of a national real estate firm that brokers such facilities is seeing plenty of opportunities.

Mindy Berman, a managing director and practice lead for healthcare in the JLL Capital Markets Group reports that the company currently has three MOB deals currently on the market and, potentially, more in the pipeline.

On one of the deals, JLL recently closed offers and the seller, an orthopedics group in Arlington, TX, has chosen a buyer for a two-building portfolio that it put on the market earlier this year. The deal for the 49,660 square foot portfolio is expected to close in coming weeks, with a currently unnamed buyer paying what amounts to be a “strong price” for the two buildings, which are 100 percent-occupied and located in Arlington and Mansfield, TX. The area is between Fort Worth and Dallas.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.