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
High-rise Construction | Apr 22, 2015
Architects propose sustainable ‘vertical city’ in the Sahara
Designers aim to make the 1,476-foot tower sustainable, relying on rainwater collection, solar power, and geothermal energy.
Architects | Apr 22, 2015
Architecture Billings Index accelerates in March
For the second consecutive month, the Architecture Billings Index indicated a modest increase in design activity in March.
Green | Apr 22, 2015
AIA Committee on the Environment recognizes Top 10 Green Projects
Seattle's Bullitt Center and the University Center at The New School are among AIA's top 10 green buildings for 2015.
Museums | Apr 22, 2015
Check out Ralph Johnson's stunning nature-inspired Shanghai museum
The newly opened Shanghai Natural History Museum, designed by Perkins+Will’s Global Design Director Ralph Johnson, mimics the shape of a nautilus shell, and features natural elements throughout.
Green | Apr 22, 2015
GSA's Federal Center South Building honored with AIA Top Ten Plus Award for 'verified' sustainable performance
The annual award recognizes green building projects that have quantifiable metrics demonstrating the performance and positive impact of the sustainable design.
Architects | Apr 21, 2015
Megatrends shaping commercial building design
Gensler’s 2015 Design Forecast focuses on how changes in demographics, workplace preferences, and technology are affecting how and why structures get built.
Office Buildings | Apr 21, 2015
Stop the endless debate over open vs. closed work environments
Rather than be confused by the constant stream of opinions, leadership teams contemplating workplace investments should start with powerful employee engagement strategies that drive results.
BIM and Information Technology | Apr 21, 2015
Software tools shouldn't dictate the AEC process
With over 200 solutions on the market, construction software is one of the most complex and fragmented markets, writes Gensler's Mark Thole.
Cultural Facilities | Apr 20, 2015
Jean Nouvel loses court battle against Philharmonie de Paris over alleged design ‘sabotage’
Nouvel boycotted the January opening of the facility and asked for his name to be removed from all references to the work.
Contractors | Apr 20, 2015
Too many construction projects don’t meet owners’ expectations: KPMG report
Causes for delays, overruns, and underperformance include project management talent shortages, distrust between owners and contractors, and the lack of fully integrated project management systems.