Healthcare real estate transaction volume hit a record high in 2022 with approximately $26 billion invested into the sector, according to a JLL healthcare survey. At 58 percent, medical office buildings comprised the largest portion of healthcare real estate investment in 2022, followed by ambulatory surgical centers (27 percent), according to the survey.

Colliers reports that net absorption for medical office space totaled 22.1 million square feet over the 12 months to mid-year 2022, up from 12.5 million square feet during the prior 12 months, and average net asking rents for medical office building space increased by 1.7 percent in the first half of 2022 to $23.06/sf. Medical office building occupancy is above 92 percent, according to REBusiness Online.

Last Updated on February 22, 2023 by Ramin Seddiq