MOB Atlanta Market Report – Mid Year 2009

The Metro Atlanta medical office building market contains over 15.8 million rentable square feet in 426 properties.  Our survey includes medical office properties with over 10,000 rentable square feet.  Deliveries steadily increased to the peak of 1.365 million square feet in 2007.  In 2008,deliveries fell to 833,000 square feet and 196,000 through 2Q2009.  The 198,812 square feet currently under construction in 5 properties is the fewest during the past 10 years.  While there are several MOB project start-ups under consideration, the overall market is expected to remain at approximately 16 million square feet through 2010.

Health Care Property Loans – MOB Financing

Medical practices evaluating the purchase of a medical office building will have many finance options available in the market.  While this is a broad category, finance options/potential structures will vary widely based on such factors as loan amount, owner occupied or investment, strength of owner, cash flow, liquidity, etc. In addition, the type of medical office building dictates options. A commercial condo loan will differ from a single tenant and/or multi-tenant medical office building.