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News Release: Flagship Healthcare Properties to Launch Triangle Area Office with Appointment of Raleigh-Durham Based Vice President of Leasing and Brokerage

NEWS RELEASE

FOR IMMEDIATE RELEASE

Healthcare real estate firm hires vice president of leasing and brokerage to open new Triangle area office location and expand service offerings

RALEIGH, N.C. (April 28, 2020) — Flagship Healthcare Properties (Flagship), a Charlotte, N.C. based healthcare real estate firm, is pleased to announce that Elaine Boyle has joined the firm as vice president of leasing and brokerage. Elaine will be the broker-in-charge for the firm’s newest office location in North Carolina’s Triangle area and will expand leasing services and tenant representation business in the market.

Elaine comes to Flagship from the Raleigh-based Colliers International office where she was a trusted partner to many satisfied clients seeking office and medical space. In addition to her experience leading a commercial real estate team at another global firm, Elaine previously worked for American Express, managing teams that contributed to her client’s success in expense management and merchant services.

“As our leasing and brokerage team continues to grow its portfolio of both owned and third-party assets, we felt it was critical to have a team member in the greater Raleigh-Durham / Triangle markets,” said Reed Griffith, executive vice president of leasing and brokerage at Flagship. “We are excited to welcome Elaine to the Flagship family. Her expertise and skill set align perfectly with our platform and we are excited to have her on the team to expand our healthcare real estate services to our clients in the Triangle markets.”

Flagship owns healthcare properties through its private real estate investment trust, Flagship Healthcare Trust (Flagship REIT). Flagship REIT’s Triangle portfolio includes medical office buildings (MOBs) and ambulatory surgery centers located in Raleigh, Durham, Cary, Knightdale and Holly Springs. Flagship REIT is currently developing MOBs in Fuquay-Varina and Hillsborough.

Elaine added, “I am honored and delighted to join this extraordinary company. Flagship is a respected leader with a long history in the industry and a commitment to excellence. I look forward to working collaboratively to serve healthcare providers and property owners and support the vision of the company as we continue to grow our presence in the Triangle.”

A native of St. John’s, Newfoundland, Canada, Elaine has called the Raleigh, N.C. area home since 1998. She is a graduate of Memorial University of Newfoundland, speaks French fluently and holds a Six Sigma Blackbelt certification.

Due to the current stay-at-home restrictions related to COVID-19, finalization of a physical office location has been temporarily delayed.

For more information about Flagship Healthcare Properties, visit www.flagshiphp.com.

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About Flagship Healthcare Properties

Flagship Healthcare Properties, LLC (Flagship) is a fully-integrated outpatient healthcare real estate firm serving clients throughout the Southeastern and Southern Mid-Atlantic United States. Headquartered in Charlotte, North Carolina, Flagship offers a full range of real estate services including investment and capital solutions, development, property sales, leasing and marketing, as well as facilities, property and asset management. Flagship manages over 4.3 million square feet of healthcare real estate across more than 165 properties serving in excess of 465 tenants. The firm has developed or acquired over 80 properties valued at more than $675 million. Flagship serves as the manager of its private REIT, Flagship Healthcare Trust, Inc. For further information, visit www.FlagshipHP.com.

About Flagship Healthcare Trust

Flagship Healthcare Trust, Inc. (Flagship REIT), is a private real estate investment trust that owns clinical healthcare assets in the United States. Flagship REIT holds interest in more than 50 healthcare properties valued at over $408 million. Flagship REIT’s current portfolio includes more than 1.4 million square feet of medical office space and approximately 185 tenants. For further information, visit www.FlagshipHP.com.

Media Contact:
Julie Parrotta, Public Relations Manager
SPARK Strategic Ideas
Jparrotta@sparksi.com and 704.625.2194

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