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Calif.-based Company Going Spec with Medical Office Building

Arrowhead Orchards Project to bring 22,700 Sq. Ft. of New Product to Market  Phoenix, AZ – The Arrowhead Orchards medical office development is slated to see the first MOB spec project in the Valley since the recession. The property owner, Arrowhead Health Center, LLC, an entity affiliated with Legend Real Estate Management, Inc., will be […]

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Colliers: MOB Demand Gains Momentum as Population Growth Surges

Colliers is reporting vacancy in the Greater Phoenix medical office building (MOB) market ended the second quarter at 17.1 percent, 160 basis points lower than one year earlier. Vacancy in on-campus buildings is 16.2 percent and trending lower with MOB demand gaining momentum. Asking rents have been mixed, declining for most of the past year,

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