DALLAS, TX - April 2, 2014 CBRE Group, Inc. and its wholly-owned, commercial real estate development and investment subsidiary, Trammell Crow Company, have been named the #1 Development Company in Modern Healthcare Magazine’s 2014 Design and Construction Survey.
In 2013, CBRE and Trammell Crow Company were responsible for $1.5 billion in completed healthcare assignments, including ground-up development, project management, construction management and build-outs to healthcare systems and providers throughout the country. CBRE’s overall volume was enhanced by its acquisition of the KLMK Group, LLC (now CBRE Healthcare) last year.
“Healthcare delivery is being transformed in the U.S. and we are honored by the trust our clients have placed in CBRE at this time of significant change,” said Jim Hayden, National Healthcare Leader for CBRE. “Our extensive experience in achieving efficiencies in real estate project management and development is enabling healthcare providers to enhance their focus on their core mission of delivering high-quality, advanced healthcare to the communities they service.”
“We are pleased to be recognized by Modern Healthcare and proud of our long-lived partnerships with many of the nation’s leading health care systems and providers. We are most proud of the positive impact that our work has had on enhancing the patient care environment, improving operational efficiency and creating an environment for best-in-class research,” said Eric Fischer, Managing Director of Trammell Crow Company’s Health, Wellness and Science Practice. “Our leadership within the sector continues to grow under the comprehensive nature of the CBRE and Trammell Crow Company platform and the values and expertise of our superb employees and partners.”
Modern Healthcare is the industry's leading source of healthcare business and policy news, research and information. The magazine reports on important healthcare events and trends, as they happen, through weekly print magazine, websites, e-newsletters, mobile products and events.
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.
About Trammell Crow Company
Trammell Crow Company, founded in 1948, is one of the nation’s leading developers and investors in commercial real estate. The Company has developed or acquired nearly 2,600 buildings valued at nearly $60 billion and over 540 million square feet. As of December 31, 2013, Trammell Crow Company had over $4.9 billion of projects in process and $1.5 billion in its pipeline.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 16 major cities throughout the United States. The company serves users of and investors in office, industrial, retail, healthcare, multi-family residential and mixed use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet its clients’ needs. For investor clients, the company offers large strategic joint ventures, opportunity funds, and other targeted investment options.
Trammell Crow Company is an independently operated subsidiary of 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). For more information visit www.TrammellCrow.com.