{"id":1004422690,"date":"2020-04-30T21:32:19","date_gmt":"2020-05-01T05:32:19","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004422690"},"modified":"2020-04-30T21:32:19","modified_gmt":"2020-05-01T05:32:19","slug":"shutdown-tests-mobs-as-investment","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/shutdown-tests-mobs-as-investment\/","title":{"rendered":"Shutdown Tests MOBs as Investment"},"content":{"rendered":"<p>As U.S. health-care systems limit medical services to emergency and urgent care situations in the face of COVID-19, medical office buildings are standing empty, and the threat of tenants missing lease payments mounts. Still, experts say, investors have every reason to keep MOBs high on their list of sector favorites.<\/p>\n<p style=\"text-align: left;\"><a style=\"display: inline-block; padding: 5px 24px; border: 0; border-radius: 6px; font-weight: bold; letter-spacing: 0.0625em; text-transform: uppercase; background: #960505; color: #ffffff; text-decoration: none;\" href=\"https:\/\/mydigitalpublication.com\/publication\/?i=659114&amp;ver=html5\" target=\"_blank\" rel=\"noopener\">READ THE DIGEST<\/a><\/p>\n<p>In addition to pent-up demand, strong sector fundamentals\u2014aging Baby Boomers, expanded medical insurance coverage, new treatment options and shifts in service delivery\u2014are expected to aid the MOB sector\u2019s rebound and its love affair with investors.<\/p>\n<div id=\"attachment_1004422732\" style=\"width: 810px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/The-Staniford-medical-office-complex-Boston.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004422732\" data-attachment-id=\"1004422732\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/shutdown-tests-mobs-as-investment\/margulies-perruzzi-staniford-street\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/The-Staniford-medical-office-complex-Boston.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Margulies Perruzzi&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;Margulies Perruzzi worked with DWS and CBRE to present a modern face to this well-known medical office building by creating new rentable tenant space, activating the rear courtyard and repositioning the lobby.&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;Margulies Perruzzi Staniford Street&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Margulies Perruzzi Staniford Street\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;DWS Group recently completed the expansion and renovation of The Staniford complex, a medical office campus in Boston with Margulies Perruzzi Architects helming the design. Image courtesy of Margulies Perruzzi Architects&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/The-Staniford-medical-office-complex-Boston.jpg?w=800\" class=\"wp-image-1004422732 size-full\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/The-Staniford-medical-office-complex-Boston.jpg\" alt=\"\" width=\"800\" height=\"620\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/The-Staniford-medical-office-complex-Boston.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/The-Staniford-medical-office-complex-Boston.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/The-Staniford-medical-office-complex-Boston.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><p id=\"caption-attachment-1004422732\" class=\"wp-caption-text\">DWS Group recently completed the expansion and renovation of The Staniford complex, a medical office campus in Boston with Margulies Perruzzi Architects helming the design. <em>Image courtesy of Margulies Perruzzi Architects<\/em><\/p><\/div>\n<p><em>\u201cMedical office buildings and other outpatient care settings have been hot commodities in commercial real estate investment for the past several years,\u201d<\/em> according to Cushman &amp; Wakefield\u2019s <a href=\"https:\/\/www.cushmanwakefield.com\/en\/united-states\/insights\/2020-healthcare-investor-outlook-survey\">2020 Health Care Investor Outlook<\/a> released at the end of last year<em>. \u201cLegacy investors are doubling down on the sector, while new investors are competing for the limited product supply.\u201d <\/em><\/p>\n<p>In the meantime, medical office building owners will have to wait for tenants and their patients to return. \u201c<em>Most owners are trying to not make an impulsive decision, to wait and see how this situation plays out,<\/em>\u201d said Allen Bolden, a partner with HB Medical Real Estate.<\/p>\n<p>But despite the MOB market\u2019s underlying strength, too much time may prove to be an enemy. \u201c<em>The fact that we don\u2019t know if this will last another week or several months is why we can\u2019t give solid answers to the future,<\/em>\u201d Bolden added. \u201c<em>The only thing we do know is the longer the economy is shut down, the more this will test the strength of MOBs as an investment<\/em>.\u201d<\/p>\n<hr>\n<p><em>Sector Insights rotates among office\/medical office, industrial, retail, multifamily, self storage&nbsp;and hotel\/hospitality.<\/em><\/p>\n<p><a href=\"https:\/\/mydigitalpublication.com\/publication\/?i=659114&amp;ver=html5\"><em>Read the May 2020 issue of CPE.<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With non-emergency procedures suspended, medical office properties are empty\u2014for now.<\/p>\n","protected":false},"author":969,"featured_media":1004422732,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1521,21754],"tags":[],"class_list":["post-1004422690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","category-medical-office"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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