Los Angeles, November 1, 2013 – CBRE Group, Inc. (NYSE:CBG) today announced that it has acquired KLMK Group, a leading provider of facility consulting, project advisory and facility activation solutions to the healthcare industry. The company, which is based in Richmond, Virginia, serves healthcare systems throughout the U.S.
“This is a time of dramatic change for healthcare service providers. Adding KLMK Group’s premier professionals to the CBRE Healthcare team will significantly enhance our ability to offer innovative solutions to improve the capital planning process and lower costs, thereby enabling our clients to focus on their central mission of serving their communities,” said Bill Concannon, CEO of CBRE’s Global Corporate Services business.
With healthcare spending approaching 20% of U.S. GDP, healthcare systems are exploring their facility management and capital spending programs for opportunities to reduce costs, monetize assets, and improve the overall patient experience. CBRE has been at the forefront of assisting healthcare systems and providers with these needs. Adding KLMK’s team of consultants to CBRE’s 650 healthcare focused professionals throughout the U.S. will enhance CBRE’s ability to provide comprehensive solutions to healthcare owners and assist them in maximizing the performance of their facility portfolios.
“Joining forces with CBRE gives our team access to the industry’s most powerful healthcare platform and increases the depth and breadth of services we can provide to hospitals and healthcare systems on a broader geographic base,” said John Kemper, CEO and founding partner of KLMK Group. (Kemper is also a member of Building Design + Construction magazine's editorial board, and Patrick Duke, a BD+C "40 Under 40" honoree in 2010, was previously Senior VP and is now Managing Director at CBRE Healthcare.)
KLMK Group will be integrated into CBRE’s Healthcare platform under the direction of Jim Hayden, Executive Managing Director of CBRE Healthcare. John Kemper will become Senior Managing Director and assist Jim in the integration of the two companies and the enhancement of the CBRE Healthcare platform. The CBRE Healthcare platform provides comprehensive facility solutions to more than 60 major hospitals and healthcare systems and over 4,500 physician practices throughout North America.
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 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facility and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
Related Stories
Office Buildings | Jul 26, 2017
Meeting space leads to innovation
PDR Principal Larry Lander explains how to design for workplaces where four generations are working together.
Architects | Jul 25, 2017
AIA 2030 Commitment expands beyond 400 architecture firms
The 2016 Progress Report is now available.
Multifamily Housing | Jul 19, 2017
Student housing trends: The transformation of co-living in college
The Student Hotel is representative of a new model for delivering housing solutions for students globally.
Designers | Jul 19, 2017
5 laws every designer can live by
What is design? Who are designers? And are there any common laws or rules than can unite the many types of design that exist?
Sponsored | Architects | Jul 19, 2017
Introducing StrXur by Bluebeam
Our goal is to present unique perspectives you may not be able to find anywhere else.
Sponsored | Accelerate Live! | Jul 13, 2017
Defining the future by mastering the art of change
From my perspective, what separates organizations thriving in the digital revolution from those who are not boils down to one thing: leadership.
Multifamily Housing | Jul 12, 2017
Midyear Rent Report: 26 states saw rental price increases in first half of 2017
The most notable rental increases are in growing markets in the South and Southwest: New Orleans, Glendale, Ariz., Houston, Reno, N.V., and Atlanta.
Giants 400 | Jul 12, 2017
Innovation abounds, but will it lead to growth for AEC Giants?
Engineering firms such as Arup, Glumac, and Thornton Tomasetti are leveraging their in-house expertise to develop products and tools for their design teams, clients, and even the competition.
Multifamily Housing | Jul 12, 2017
7 noteworthy multifamily projects: posh amenities, healthy living, plugged-in lifestyle
Zen meditation gardens, bocce courts, saltwater pools, and free drinks highlight the niceties at these new multifamily developments.
Accelerate Live! | Jul 6, 2017
Watch all 20 Accelerate Live! talks on demand
BD+C’s inaugural AEC innovation conference, Accelerate Live! (May 11, Chicago), featured talks on machine learning, AI, gaming in construction, maker culture, and health-generating buildings.
