• Absorption activity slowed during the first six months of 2020, recording 1,542 sq. ft. of positive net absorption—down 99% from H1 2019.
  • Three projects totaling 124,200 sq. ft. delivered in H1 2020 and over 344,000 sq. ft. of MOB projects are currently under construction.
  • The average asking lease rate for medical office space was $29.11 per sq. ft. FSG in H1 2020, up $0.06 on the year.
  • Direct vacancy increased 12 bps from Q4 2019 to 10.5% in Q2 2020.
  • Investment sales totaled $52.0 million in H1 2020 with an average price per sq. ft. of $241.80.