CBRE APPOINTED BY PROVIDENCE ST. JOSEPH HEALTH TO PROVIDE PROPERTY MANAGEMENT SERVICES ACROSS ITS MEDICAL OFFICES
Providence St. Joseph Health (PSJH), one of the nation’s largest health systems, has appointed CBRE to provide property management and portfolio services for 14-million-square-feet of their medical office portfolio. PSJH is a not-for-profit, Catholic health system that employs more than 119,000 caregivers serving in local communities across Alaska, California, Montana, New Mexico, Oregon, Texas and Washington. Its system offices are based in Renton, Washington and Irvine, California.
PSJH is in the process of transforming its service delivery to more directly support the full continuum of care, including community-based, acute and post-acute care. After a competitive bid process, the health system selected CBRE as a strategic partner to deliver and implement real estate and facility solutions.
“At PSJH, we believe that health is a human right, and we’re committed to providing the very best care to our patients,” said Providence St. Joseph Health Senior Vice President of Real Estate, John Milne, M.D. “We’ve made a strategic decision to partner with a business group that has aligned values and specializes in helping us optimize the performance of our facilities. This will allow us to focus on what we do best, developing health in communities.”
“We’re very pleased to be supporting an organization that is so vital to the health and well-being of its communities,” said Kevin Kraiss, West Division President for CBRE’s Global Workplace Solutions business. “Our healthcare practice is designed to identify areas of opportunity that ultimately help improve the quality of patient care.”
“It’s an honor to partner with healthcare clients like Providence St. Joseph,” said CBRE Healthcare leader Mark Lamp. “We are excited to put our specialized healthcare offering to work to support them in delivering on their mission.”
CBRE Healthcare is a dedicated business group within CBRE focused exclusively on partnering with healthcare providers to deliver total life cycle real estate, facility and capital solutions. The group manages 190 million square feet of inpatient, outpatient, medical office and support facilities, and has more than 3,450 dedicated professionals. Over the past 25 years, CBRE has partnered with more than 255 hospitals and healthcare organizations across the United States.
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 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 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.
About Providence St. Joseph Health.
Providence St. Joseph Health is a national, not-for-profit Catholic health system comprising a diverse family of organizations and driven by a belief that health is a human right. With 51 hospitals, 829 physician clinics, senior services, supportive housing and many other health and educational services, the health system and its partners employ more than 119,000 caregivers serving communities across seven states – Alaska, California, Montana, New Mexico, Oregon, Texas and Washington with system offices based in Renton, Wash., and Irvine, Calif..
PRESS RELEASE
Contact:
Robert McGrath
212.984.8267
robert.mcgrath@cbre.com
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