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
| Apr 3, 2012
Johns Manville publishes 2011 Sustainability Report
Report covers JM’s long-time sustainability focus and progress towards goals.
| Apr 3, 2012
Educational facilities see long-term benefits of fiber cement cladding
Illumination Series panels made for a trouble-free, quick installation at a cost-effective price. The design for Red Hawk Elementary School stems from the desire to create a vibrant place for kids to learn. In an effort to achieve this design, RB+B Architects selected Nichiha USA to provide a durable yet modern, contemporary exterior finish.
| Apr 2, 2012
TGP launches new fire-rated glazing website
Website offers online continuing education courses registered with the American Institute of Architects (AIA), BIM 3D models, and rapid-response quoting, among other support tools.
| Apr 2, 2012
Gilbane honored for sustainability efforts in Indianapolis
Emmitt J. Bean Federal Center project team for their role in advancing sustainability in the city.
| Apr 2, 2012
Mitsubishi unveils ultra-high-speed elevator for Shanghai skyscraper
The operation of the elevator is scheduled to begin in 2014.
| Apr 2, 2012
Sachse Construction helps complete Salt Lake City’s City Creek Center
Sachse was hired to complete store build-outs at City Creek Center.
| Apr 2, 2012
Culver joins Sasaki as managing director
Culver will work closely with Sasaki firm leaders on issues of strategy, marketing, and business development.
| Apr 2, 2012
EB-5 investment funds new Miramar, Fla. business complex
Riviera Point Holdings breaks ground on $17 million office center.
| Mar 30, 2012
New windows and doors revitalize older buildings
With their improved aesthetics, energy efficiency, and durability, replacement windows and doors can add significant value to a renovation project.
| Mar 30, 2012
18 handy tablet apps for AEC professionals
Check out these helpful apps for everyday design and construction tasks. Our favorite: MagicPlan, which uses GPS to help you measure and draw a floor plan of any room.
