Why Development of Medical Office Buildings is Booming

AZ Big Media   |   Kyle Backer

Posted In — News & Press | In the News

Maricopa County, the state’s largest by population and home to the capital, has long been a destination for those looking to escape frigid winters in search of sunnier climes. An increase in the number of residents drives higher demand for healthcare services, and one of the popular options to address these needs are medical office buildings (MOBs). Phoenix has the eighth-largest MOB market in the U.S. totaling 21.4 million square feet, according to 42Floors.

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