CBRE Group, Inc. Healthcare Practice Achieves Strong Growth in 2014
December 18 2014 - 8:00AM
Business Wire
CBRE Group, Inc. (NYSE:CBG) today announced that its healthcare
specialty group achieved strong growth in 2014, with 14 long-term
contracts signed this year, including six with new clients.
Leading healthcare organizations that selected CBRE to provide
long-term real estate services for their portfolios included Bon
Secours Health System and MemorialCare Health System. CBRE also
expanded several existing healthcare relationships in 2014. Most
notably, CHRISTUS Health retained CBRE for one of the largest
facilities management assignments in the industry during 2014,
comprising 10.5 million square feet across Texas and Louisiana.
In addition, several hospitals across the U.S. selected CBRE
Healthcare to provide master planning, project management or
facility activation services. These include Children’s National
Health System, Child Cherokee Indian Hospital Authority, Florida
Hospital, Pardee Hospital and Baptist Health.
The healthcare industry continued to be transformed in 2014.
Healthcare systems consolidated via mergers and acquisitions,
repositioned themselves within their markets, and sought new ways
to reduce operating costs while ensuring regulatory compliance. To
respond to this shifting environment, healthcare systems turned to
CBRE to develop long-term solutions for facilities, capital
projects and operational issues and to implement ambulatory care
programs.
“Healthcare providers are increasingly seeking opportunities to
optimize the performance of their real estate portfolio, while
focusing their attention on providing the highest quality of
patient care,” said Jim Hayden, Executive Managing Director of CBRE
Healthcare.
CBRE now has more than 1,500 employees dedicated to providing
services for the healthcare industry including specialists in
design, planning, construction, brokerage, and facilities. These
experts have published industry articles and spoken before industry
groups on opportunities to unlock real estate value in the evolving
healthcare industry.
Today, CBRE provides real estate and facilities management
services to approximately 90 major hospitals and healthcare systems
and more than 10,600 physician practice groups throughout North
America. For more information, visit www.cbre.com/healthcare.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500
company headquartered in Los Angeles, is the world’s largest
commercial real estate services and investment firm (in terms of
2013 revenue). The Company has approximately 44,000 employees
(excluding affiliates), and serves real estate owners, investors
and occupiers through approximately 350 offices (excluding
affiliates) worldwide. CBRE offers strategic advice and execution
for property sales and leasing; corporate services; property,
facilities and project management; mortgage banking; appraisal and
valuation; development services; investment management; and
research and consulting. Please visit our website at
www.cbre.com.
CBRE Group, Inc.Robert McGrath,
212-984-8267robert.mcgrath@cbre.com
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