The more experiential, the better for restaurants and shopping centers — but also medical office space?
Getting The Right Mix
A good mix of tenants in a good layout — including access to other specialties — is another important factor in the success of an MOB.
"Medical services are now much more patient-centric, so facility location and design focus more on patient and customer convenience than in the past," said Marcus & Millichap's Alan Pontius, senior vice president, national director specialty divisions.
"Old-style locations that housed a variety of private practices in a very cut-up independent layout are giving way to modern facilities that house a range of care — wellness, specialty, rehab."
Medical service providers are also considering proximity to complementary services, he said. That would include pharmacies, X-rays, labs and the like, as well as larger medical facilities such as hospitals.