Today’s episode, I'll go over the first quarter 2022 Arizona Medical Office Report for DOCPROPERTIES. Please visit our website if you'd like to read the documents.

In this episode, we talk about…

[1:31] Grand Canyons state economy approach pre pandemic levelves by the end of the first quarter of 2022 

[1:53] Statewide, the unemployment rate rate had dropped to 3.3% 

[2:14] The healthcare sector was in high demand 

[2:48] Vibrant pace of construction for healthcare facilities as well as medical office buildings by the end of 2020 

[4:23] Capital markets kicked off the year with a sizable number of large MOB sales transactions totaling over 158 million in the first month of the quarter alone. 

[6:45] Asking rents year after year averaging out to a trend with an increase of 4.4%

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