Office /

Outpatient Care: High Growth Specialties, Ambulatory Surgery & Imaging

Ventas is one of the leading owners of medical office/outpatient buildings (MOB) that are strategically located on or near the campus of highly-rated hospitals and medical centers in markets with attractive demographics. We own and manage approximately 20 million square feet of MOB space across 32 states, serving ~15,000 physicians daily and supporting more than 40 million patient visits each year.

Built on trusted relationships with our physician tenants, our MOB real estate business has grown more than seven times since its inception in 2010. With the 65+ cohort expected to increase to ~22% of the total population by 2039 and outpatient visits on the rise, particularly for specialty care, strong healthcare market fundamentals will continue to fuel consistent occupancy and NOI growth.

Beyond growing the MOB portfolio by selective acquisitions in key markets, Ventas is strategically reinvesting in our assets, and deploying capital with attractive yields to update many MOBs with bright, modern designs that delight physicians and their patients and enhance their technology and performance.

Ventas’s premier MOB operating business, Lillibridge Healthcare Services, is a wholly-owned subsidiary, providing property management, marketing, leasing and advisory services nationwide.

Rush-Copley Physician Offices
Chicago, IL

Santa Clarita Valley Medical Plaza
Santa Clarita, CA

Reliant Rehabilitation
Dallas, TX

East Jefferson Medical Plaza
Metairie, LA

Sutter Van Ness Medical Office Building



Developed by PMB and operated by Lillibridge Healthcare Services, 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 achieved LEED® Gold status in Q2 2019.

The Ventas Team

Medical Office Buildings

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Peter J. Bulgarelli

Executive Vice President, Office; President and CEO,
Lillibridge Healthcare Services

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James E. (Jim) Mendelson

Senior Vice President, Asset Management (Office)

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Dan Minning

Executive Vice President, Property Management & Leasing (Lillibridge)

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Shane Seitz

Senior Investment Officer
Medical Office/Outpatient Buildings