News Release: CBRE Expands Healthcare and Life Sciences Platform in Houston with Hire of Walker Pennington

HOUSTON, Aug. 18, 2022 — CBRE announced today that Walker Pennington has joined CBRE’s Healthcare and Life Sciences team in Houston as a Senior Associate.

Mr. Pennington’s healthcare-specific real estate experience brings immediate value to the team as the industry continues to grow in Houston.  He will partner with Scott Carter, Nelson Udstuen, and Brandy Bellow Spinks who lead the platform for CBRE.  His primary focus will be on investment sales and solutions for owners and occupiers of healthcare real estate across the Greater Houston metro.

“Walker will lift our mid-market investment sales arm of the practice where there is tremendous growth opportunity,” said Brandy Bellow Spinks, Senior Vice President. “We are excited to welcome him to the team, as he fits right in with our team’s culture and I admire his work ethic, creativity and focus on long term relationships.”

Mr. Pennington most recently served as a Senior Associate with JLL’s Healthcare team in Houston. In that role, he was responsible for representing physicians, health systems, and specialty groups.

“I’ve enjoyed getting to know the team at CBRE and have great respect for their market leadership,” Pennington said. “I look forward to helping build on the strongest industry platform in the healthcare and life sciences sector in Houston.”

Houston ranked No. 13 in CBRE’s 2022 analysis of the nation’s top 25 life sciences talent markets, thanks to an attractive combination of affordability and a particularly strong life sciences PhD talent pool. Houston’s medical institutions, anchored by the Texas Medical Center, and its fast-growing pipeline of life sciences venture capital funding boosted its ranking ahead of other Texas markets in the analysis.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of 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.

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