Skip Navigation
Mar 19, 2018

Dallas, Houston national leaders in medical deals

​​​​​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...
Fallback Image
by
Realty News Report

​​​​​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.​

Fallback Image
Written by
Realty News Report
Last updated
Mar 28, 2024

In This Article

You might also like

TG Magazine
PUBLISHED SINCE 1977

TG Magazine

Check out the latest issue of our flagship publication.

SUBSCRIBE TO OUR

Publications

Receive our economic and housing reports and newsletters for free.