Cushman & Wakefield has released its 2026 Vital Signs report, signaling continued strength across the medical outpatient sector driven by surging healthcare demand, an aging population and an ongoing shift toward outpatient care.
According to the report, fundamentals remain exceptionally strong, with demand significantly outpacing supply. In the first quarter of 2026 alone, medical outpatient building absorption reached 3.8 million square feet, up 71 percent year-over-year, pushing occupancy to 92.5 percent across the top 50 U.S. markets.
“Medical outpatient buildings continue to demonstrate resilience and long-term appeal,” said Lorie Damon, executive managing director, healthcare advisory practice at Cushman & Wakefield. “With healthcare delivery rapidly shifting toward outpatient settings and new construction lagging, we’re seeing sustained occupancy gains and consistent investor interest across both core and secondary markets.”
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