Cushman & Wakefield Report Highlights Strong Growth and Tight Supply in U.S. Medical Outpatient Building Sector
Cushman & Wakefield released its 2026 Vital Signs report, highlighting a 71% year-over-year surge in medical outpatient building absorption to 3.8 million square feet in the first quarter. Occupancy across the top 50 U.S. markets reached 92.5%, while construction constraints tightened supply, pushing average rents up 1.9% to $26.64 per square foot.
Key figures
- Cap rate
- 6.7%
- Mob occupancy
- 92.5%
- Fy2025 revenue
- $10.3 billion
- Rent growth yoy
- 1.9%
- Avg rent per sqft
- $26.64
- Rolling 4q growth
- 49%
- Rolling 4q volume
- $9.8 billion
- Mob absorption yoy
- 71%
- Q1 investment sales
- $1.8 billion
- Investment sales yoy
- 36%
- Q1 mob absorption sqft
- 3.8 million
- Construction decline yoy
- 10%
AI analysis
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