Companies (January 2011)

JLL, system partner up on real estate

REAL ESTATE FIRM LANDS AGREEMENT WITH BEAUMONT HOSPITALS IN MICHIGAN

By John Mugford

At almost every medical office building (MOB) real estate conference a professional might attend these days, there is talk of the need for efficiency and the development of cost-effective buildings. That’s because as hospitals and health systems look to their future in the era of healthcare reform, they see a strong need, perhaps a necessity, to deliver their healthcare services in a cost-effective way that help, not hurt, the bottom line.

As a result, one emerging trend is seeing more and more health systems outsourcing their real estate, hiring third-party service firms to provide services such as: property management, construction program management, utility oversight, energy and sustainability services, lease administration and brokerage, portfolio strategy and real estate transaction services.

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