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The Year of the Medical Outpatient Building

Their use has been building for some time.

By Erik Sherman | December 18, 2024 at 06:48 AM

A look at the year ahead for healthcare will significantly impact the industry’s commercial real estate, says CBRE Research. Specifically, an aging population, growing healthcare spending, transformative technologies, and consumer preferences will make medical outpatient buildings (MOB) an increasingly popular choice for care delivery.

This new MOB is stepping in where an older use of the acronym, medical office building, which had been a regular part of the landscape has been taking some hits in 2024. In the first half of the year, Cushman & Wakefield’s short take was that volume and pricing remained muted, although there was continued resiliency in the category.

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