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News Release: Mark Lamp Joins CBRE to Lead U.S. Healthcare

PRESS RELEASE

Mark Lamp

Los Angeles, CA – September 4, 2018—CBRE Group, Inc. has hired Mark Lamp as Executive Managing Director of its Healthcare practice, which delivers facilities management, project management, advisory and transaction, and consulting services to U.S. healthcare systems.

Based in Chicago, IL, Mr. Lamp is a forward-thinker with deep experience within Fortune 50 medical device, healthcare software, service and pharmaceutical companies, including GE Healthcare, where he worked for 17 years.

“Mark is an exceptional leader with an entrepreneurial mindset who will leverage both facility operations and innovative technology to drive the next level of value for our healthcare clients,” said Don Leeke, President, Client Solutions for CBRE’s Global Workplace Solutions business.  “Under Mark’s leadership, CBRE Healthcare’s mission is to improve patient experience and reduce facilities occupancy expenses for our clients—which will in turn have a positive impact on population health and cost of healthcare.”

CBRE Healthcare includes over 3,450 professionals with expertise spanning compliance, capital markets, facilities operations, advisory and transaction services and business analytics.  The healthcare practice group manages 100 hospitals and health systems that span more than 164 million square feet and include inpatient, outpatient, acute care, long-term care, ambulatory care, research and academic centers, and medical office buildings.

As part of CBRE’s focus to help clients reduce occupancy costs and generate greater capital resources for clients, CBRE Healthcare recently issued a report highlighting how the $1 trillion of real estate owned by U.S. hospitals can be managed to enable more efficient, patient-centric operations. The report notes that core hospital real estate (inpatient facilities) account for more than 42% of all health-care real estate in the U.S. and that outpatient facilities—many of which are hospital-affiliated—account for another 27%. CBRE believes cost savings of 10% to 12% of total real estate costs may be achieved through outsourcing real estate services.

CBRE achieved robust revenue growth in the second quarter, as reported in the firm’s quarterly earnings report issued August 2, 2018.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

Contact:
Robert McGrath
212.984.8267
robert.mcgrath@cbre.com

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