The San Antonio medical office building (MOB) market remained healthy in Q3 2020 with positive absorption and a slight decline in vacancy quarter-over-quarter.
The Far North Central/Stone Oak submarket had the strongest performance, with over 32,000 sq. ft. of positive absorption in Q3 2020.
Job growth in the health and education services sector picked back up with a 1.4% increase in employment from May-August 2020, according to the Dallas Fed.
Transaction volume is up year-over-year, closing the third quarter with $153 million in total sales.
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