January 2015

“Be sure you put your feet in the right place, then stand firm.”
– 16th President of the United States

Saturday, April 23, 2011

MOB Decatur Market Report – 1Q2011

Metro Atlanta - The Decatur medical office building (MOB) is a mature submarket located around the Dekalb Medical North Decatur Campus and Decatur Hospital in downtown Decatur.  There is approximately 926,836 square feet in 24 buildings—the most recent delivered in 1995.  Four of the MOBs are on campus of the two hospitals with the remaining within walking distance.  Decatur is a unique pedestrian friendly market that experienced occupancy rates over 90% for the past four years. One interesting note, not unique to this submarket, is the marketing of nontraditional medical buildings to health care providers who do not require the inherent referral basis of a typical MOB.