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Medical Outpatient Occupancy Reaches 92.8% Amid Aging Population, Spending Surge

Absorption outpaces construction while an aging population needs more care.

By Erik Sherman | January 29, 2025 at 06:55 AM

Cushman & Wakefield’s head of life sciences and healthcare insights Sandy Romero has revealed that occupancy for the most recent medical outpatient building (MOB), was 92.8%. That’s after 15 straight quarters of growth.

It isn’t surprising. As GlobeSt.com has previously reported, 2025 could likely be called the year of MOBs, according to CBRE Research. Specifically, an aging population, growing healthcare spending, transformative technologies, and consumer preferences will make these properties an increasingly popular choice for care delivery.

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