JLL reports medical outpatient building occupancy hits 92.7% in Q4 2025

Reuters03-24

JLL reports medical outpatient building occupancy hits 92.7% in Q4 2025

JLL said medical outpatient building occupancy reached 92.7% in Q4 2025 and average rent growth was 3.3% year-over-year.
Hospital systems accounted for 46% of the MOB leases JLL tracked in 2025 and represented 57% of total square footage delivered that year.
JLL reported average in-place MOB rents were in the mid-USD $20s per square foot, while new developments were leasing at over USD $40 per square foot.
Policy changes cited by JLL included Medicaid eligibility shifts and the expiration of enhanced ACA subsidies, with marketplace enrollment down 1.4 million people year-over-year.
JLL said transaction volume accelerated in Q4 2025, including a USD 7.2 billion portfolio disposition by Welltower, and national cap rates compressed by 60 basis points year-over-year in Q4.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jones Lang LaSalle Inc. published the original content used to generate this news brief on March 24, 2026, and is solely responsible for the information contained therein.

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