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The San Antonio medical office building (MOB) market remained healthy in Q3 2020 with positive absorption and a slight decline in vacancy quarter-over-quarter.
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The Far North Central/Stone Oak submarket had the strongest performance, with over 32,000 sq. ft. of positive absorption in Q3 2020.
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Job growth in the health and education services sector picked back up with a 1.4% increase in employment from May-August 2020, according to the Dallas Fed.
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Transaction volume is up year-over-year, closing the third quarter with $153 million in total sales.