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MOB Completions Drop to 25% of 5-Year Average Amid Strong Demand

According to CBRE's Q1 MOB Report, outpatient facility completions fell to 25% of the 5-year average despite surging capital, requiring unified cloud project management to protect margins on $310/sq. ft. assets.

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CBRE's Q1 MOB Report reveals that medical outpatient building construction completions have dropped to 25% of the 5-year average despite rising capital and demand. To safeguard profit margins on assets valued at $310 per square foot, health systems are urged to eliminate delivery friction through unified, cloud-based project management.

Key takeaways

  • CBRE's Q1 MOB Report indicates construction completions stand at 25% of the 5-year average despite surging demand and capital.
  • Health systems must eliminate delivery friction using unified, cloud-based project management to protect margins on $310/sq. ft. assets.

Source:Trimble Construction|Blog Read the original ↗

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