NYC and Suburbs Rank Among Strongest MOB Markets

The medical outpatient building (MOB) markets in New York and New Jersey ranked among the top in the nation, demonstrating strong fundamentals in the second quarter of 2026 and year over year, CBRE reported. The firm’s U.S. Medical Outpatient Building Report ranks New York City fourth among markets for MOB investment, recording $302.2 million in investment volume for the trailing four quarters ending Q2 2026, a 191% increase.

In Q2 alone, the market generated $72 million in investment volume, more than triple the year-ago level. Combined, New York City and its suburbs on Long Island and New Jersey attracted $564 million for the four quarters ending in Q2.  

“New York and New Jersey are among the nation’s most dynamic healthcare real estate markets because of their massive, aging populations, high concentration of premier hospital systems, strong patient demand and strict regulations that limit new supply,” said CBRE vice chairman Bill Hartman. ” Investors seeking stable income-producing assets are attracted to the sector’s resilient cash flows, strong long-term tenancy and ongoing demographic drivers as providers expand access to convenient outpatient services.”