Colliers Texas
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Colliers Texas
@Colliers_TX
Colliers is the leader in global real estate services, defined by our spirit of enterprise.



Constrained MOB supply keeps occupancy high and rents growing. 5 Things to Know: 1⃣ MOB occupancy hit a record 92.7% in 2025, up 30 basis points from the end of 2024. Demand is outpacing every new square foot being delivered to the market right now. 2⃣ MOB construction starts fell to 1.1% of total inventory in Q4 2025. 3⃣New construction rents (~$40/s.f.) are nearly double average in-place rents (mid-$20s). 4⃣ Lease escalations in MOBs are shifting to 3% annual bumps or CPI-tied provisions. 5⃣ Health systems represent 46% of all MOB leases.


We’re currently seeing the lowest level of office construction since 2011. ▫️A+ is full ▫️A is almost full What happens to B space is the question? Some B+ will be competitive in good locations and with renovations. Tear Downs and Conversions are up. In the late 2010s, we typically demolished about 6 million SF of office space every quarter. By the end of 2025, that number jumped to nearly 10 million. Not every tenant can justify Class A Rents









Landlords are leaning into spec move-in-ready suites for smaller office tenants. Recent data from CoStar shows a huge spike in demand for smaller, flexible offices that are ready on Day 1. This applies to leases less than 10K SF.








