ASHBURN, VA–Avison Young just went to market with a 75,000-square foot medical office complex in Ashburn Farms, Va. It is not a five-cap deal, it is not hospital anchored and the complex consists of three 25,000 square foot buildings. In other words, says Avison Young broker Jim Kornick, it doesn't look like what most institutional investors want to buy, at least generally speaking. But, Kornick predicts to GlobeSt.com, “people will want to fight over it.”

There are a lot of pluses to the property, such as its location in an affluent community. However the primary draw will be that a scarce product — a medical office building – has come to market.

This is not to say there have been no trades in this asset category at all. Avison Young will close at the beginning of the year a building in Fredericksburg, Md., that is majority leased to the Mary Washington health system. “It is an outpatient facility that is strategically very important to Mary Washington so from an investor's point of view that's very attractive,” Kornick says. Also, Avison Young just closed on an 84,025-square-foot office building in Columbia, Md., located at 6350 Stevens Forest Rd., which is occupied by a significant percentage (43% ) of medical- and healthcare-related clients, with Johns Hopkins Community Physicians anchoring the property.