Trask Leonard, CEO, participated in a panel conversation on medical office building market conditions at the Interface Healthcare Real Estate Conference in Los Angeles on February 1 along with John Koss, Senior VP Asset Management and Partner at Anchor Health Properties, Trey Trask, Senior Director of Leasing at PMB Real Estate Services and Steven Salas, Exec Managing Director at Newmark Knight Frank.

 

The group’s conversation covered all of California, with consensus that smaller tenants are the most active in today’s market, with occupancy levels remaining firm in most suburban markets.  Of particular interest was a thread on landlord attempts to obtain a slight increase in fixed base rent increases as a result of inflation.