The Fourth Quarter 2009 REAL Capital Report on Medical Office Buildings reveals some interesting trends and backs up what has been reported for the past year. For 2009 verses 2008 Medical Office Building (MOB) sales volume declined by 63%. The average price per square foot was down by -6% however by some measurements up by 9%. This compares to traditional office properties which were down by -71% in sales volume and down by a massive -26% in average prices per square foot. The percent asking price to achieved price was approximately 89% for both type properties.Wednesday, February 17, 2010
MOB Report Year End 2009 Investment Trends
The Fourth Quarter 2009 REAL Capital Report on Medical Office Buildings reveals some interesting trends and backs up what has been reported for the past year. For 2009 verses 2008 Medical Office Building (MOB) sales volume declined by 63%. The average price per square foot was down by -6% however by some measurements up by 9%. This compares to traditional office properties which were down by -71% in sales volume and down by a massive -26% in average prices per square foot. The percent asking price to achieved price was approximately 89% for both type properties.
Wednesday, February 3, 2010
BEST of MOBATL - Governors Pavilion
Governors Pavilion
4450 Calibre CrossingAcworth, Georgia 30101
Kennesaw/Town Center Submarket
Governors Pavilion is located in an explosive population growth corridor of N Cobb Pkwy. Located in walking distance to the proposed Wellstar-North Hospital. Close to Bentwater, Seven Hills & Governors Club. Cartersville Hospital to offer urgent care and imaging on 1st floor. Fast growing, affluent area with a need for doctors and dentists. Close to banks, day care, and an Eckerd's Drug. Drop off canopy access.
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