Medical Office Buildings

of NOI20%

of NOI20%

Outpatient Care and Convenience

Located close to or on the campus of hospitals and medical centers, medical office buildings (MOB) are typically multi-tenant properties leased to multiple healthcare providers, and often branded with the name of the affiliated health system or hospital.

We own and manage approximately 20 million square feet of MOB space in 360 properties spread across 32 states, serving approximately 15,000 physicians daily and supporting more than 40 million patient visits each year.

Our medical office building real estate business has grown more than seven times since its inception in 2010, thanks to its unwavering focus on supporting clients, patients and physicians.

Ventas has a premier MOB operating business, Lillibridge Healthcare Services (LHS), a wholly owned subsidiary, which provides property management, leasing, construction management and advisory services throughout the United States.

Rush-Copley Physician Offices
Chicago, IL

Santa Clarita Valley Medical Plaza
Santa Clarita, CA

Reliant Rehabilitation
Dallas, TX

East Jefferson Medical Plaza
Metairie, LA

Medical Office Building Callout Image



Developed by PMB and operated by Lillibridge Healthcare Services,1 Sutter Van Ness is a 10-story, 234k+ square-foot medical office building located in the center of San Francisco on the California Pacific Medical Center campus. The $168 million MOB is 80% pre-leased to Sutter Health, and is connected to the new Sutter acute care hospital through a pedestrian tunnel. It is projected to achieve LEED® Gold status.

The Ventas Investment Team

Medical Office Buildings


Philip Kayden

Senior Investment Officer
Medical Office Buildings, Health Systems and Hospitals / +1 312 660 3811 /  linkedin

Philip Kayden currently serves as a Senior Investment Officer at Ventas. Since joining Ventas in 2005, he has held a number of different roles in the firm’s acquisitions group and is currently responsible for the origination and execution of equity and debt investments of healthcare real estate, with a focus on hospitals. Over the past decade, Kayden has been involved in the execution of more than $15 billion of healthcare real estate investments.

1. Lillibridge Healthcare Services is a wholly-owned subsidiary of Ventas, Inc.