HOUSTON – Dallas and Houston rank third and fourth nationally in healthcare investment, according to a new report by Colliers International.
Last year, medical-related real estate sales totaled $893 million in Dallas and $495 million in Houston.
Atlanta ($1.1 billion) and Los Angeles ($973 million) took the top two spots.
REITs and publicly listed real estate companies were the top buyers of medical properties, accounting for 41 percent of acquisitions by sales volume. That's up from 33 percent in 2016.
The national vacancy rate for medical office buildings fell to an all-time low of 7.3 percent in 2017. Over 16 million sf of new medical office space was delivered last year, down 15 percent from 2016.
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