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MOB Market Driven to New Heights

In this EXCLUSIVE column, our source says that sound underlying fundamentals are driving the market.

By Natalie Dolce | Updated on December 11, 2015

The medical office building market is being driven to new heights with sound underlying fundamentals. That is according to Mark Alexander, president of Mark Alexander Medical Office Brokerage, based in Miami Beach, FL. Alexander was recently a panelist at the RealShare National Healthcare Real Estate 2015 conference in Scottsdale, AZ.

“While REITs mainly buy hospital related MOBs when healthcare systems decide to monetize their buildings, there is a sizable market for CCIMs to do much more business listing doctor owned MOBs on sale/leaseback transactions,” he tells GlobeSt.com. “There is a wave of senior doctors due to retire over the next five years in America. These senior doctors control the majority of the doctor owned MOBs in the US today.”

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