2025 Medical Outpatient Building Perspective
Healthcare providers expand outpatient services, driving an increase in innovation and MOB occupancy
- Kari Beets
The medical outpatient building (MOB) sector is currently experiencing significant growth as healthcare providers expand outpatient services. Absorption for medical outpatient buildings accelerated in Q4 2024, reaching 19 million square feet for the top 100 markets, a 15% increase from the previous year, according to data from Revista.
Looking ahead to 2025 and beyond, the MOB sector faces a complex landscape of opportunities and challenges that will shape its evolution. This year’s Medical Outpatient Building Perspective looks at five key themes impacting owners and operators:
Leading the way: Health systems and corporate medical groups are leading the shift to outpatient care.
Competitive Market: Rising occupancy and limited construction for purpose-built MOBs may cause increased spillover into adjacent property types.
Growing NOI: Steady rent growth and escalations provide growing NOI in medical outpatient space.
Eyes on the Sunbelt markets: Population growth is driving expansion in Sunbelt markets, but established brands also bolster growth.
Stability in an evolving sector: Medical buildings continue to offer stability for investors, and health systems also see benefits to ownership.
This report enables healthcare occupiers, developers and investors to make informed healthcare real estate decisions and capitalize on emerging opportunities in this resilient sector. Discover how medical outpatient building real estate can be a lever to increase patient access and market share and reduce costs by downloading the report.
