Investors and developers are still avid for medical office buildings

On March 29, Cushman & Wakefield brokered the $14.7 million of a two-story, 24,600-sf medical building in North Hills, N.Y., which traded at a 6% cap rate. Around the same time, an affiliate of Inland Real Estate Acquisitions sold four newly constructed medical buildings totaling 119,000 sf in the Houston, Raleigh, N.C., and Salt Lake City markets.