2024 Year End Texas White Paper

The Dallas-Fort Worth healthcare real estate market experienced steady growth in the latter half of 2024, driven by favorable demographic trends, strong investor
confidence, and ongoing expansions by major healthcare providers. As one of the most dynamic healthcare real estate markets in the country, DFW continues to see sustained demand for high-quality medical outpatient buildings (MOBs) and healthcare facilities. Occupancy levels remained robust, with Revista reporting an
average 90.2% occupancy rate across the region’s MOB sector, underscoring the persistent demand for well located, high-quality assets. Rental rates saw modest but
steady increases, particularly in Class A properties, where rents exceeded $32 per square foot in prime submarkets, signaling strong fundamentals despite broader economic fluctuations.

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As The TICI Group of Companies moves forward, the shareholders are reminded that it all began over a century ago with a vision of Lucretia Mendiola in 1911. It is instilled in the same vein for the third generation to deliver the same values, work ethic and integrity for generations to come.

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Helen Banks

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Jay Banks

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