Houston Medical Office Building Sales (2017)
The medical real estate sector is seeing increasing levels of transaction activity. Nationally, medical office building (MOB) sales were at record levels through the first three quarters of 2017 and Houston remains a major healthcare real estate market on the radar of healthcare real estate investors including publicly traded REIT’s and private equity investors. The Houston healthcare sector has been resilient despite the energy downturn of recent years and is projected to add 8,000 healthcare jobs in 2018.
Colliers International has tracked thirty-five (41) medical office building sales in the Houston marketplace in 2017 for buildings greater than 10,000 square feet. In comparison, healthcare real estate data firm, Revista reported thirty-three (33) medical office building sales in the Dallas-Fort Worth market in 2017. Healthcare Trust of America was the most active investor of Houston medical office buildings in 2017 with the acquisition of eleven (11) area medical office properties.
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