Greater Los Angeles Medical Office Figures Q3 2021

08 Nov 2021

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Healthcare Remains Hot as All Market Indicators Point to a Bull Run in MOB’s

  • The third quarter was positive as a national emphasis on healthcare continued to drive the Greater Los Angeles medical market forward
  • Incumbent health systems continue to lead large leasing activity with local occupiers opting for short term renewals or relocating their practices to take advantage of market volatility
  • Development of new medical office product has attracted preleasing activity as systems look for opportunities to aggregate their legacy locations and reallocate real estate budgets to locations with higher proximity to their patient base