Cushman and Wakefield’s New Executive Director Chris Barnet on What’s Next for DFW Healthcare Real Estate

Chris Barnet joined Cushman and Wakefield as Executive Director in its Healthcare Advisory Group this week after serving Vice President and Director of Healthcare Services at Colliers International. We chatted with him about his move, what the last year held for healthcare real estate, and what he sees going forward. Barnet noted that uncertainty rules the day, as reimbursements for doctors from insurance and medicaid are always fluctuating, impacting what kinds of real estate moves healthcare companies can make. He sees a reversal of a trend that started three or four years ago, when doctor groups were quickly consolidating under… Full Story

Southwest Transplant Alliance Breaks Ground on First-of-its-Kind Facility

Southwest Transplant Alliance, a nonprofit organization that connects organ donors to recipients, broke ground on a new facility that will be the first-of-its-kind in Texas on Wednesday. The new 77,000 square-foot building will feature operating rooms, a donor recovery center, and offices. The new building is built to save time for the medical professionals who often spent hours on the road between the organ donor locations and the transplant centers. The building will allow STA staff to bring organ donors to the facility where the organs can be removed before being sent to a transplant center. Prior to the new… Full Story

Trammell Crow and CBRE Execs Team Up for New Healthcare Real Estate Enterprise

Former Trammell Crow and CBRE executives Kevin O’Neil and Mark C. Allyn are founding Fidelis Healthcare Partners to concentrate on new development and acquisitions in the healthcare real estate market. O’Neil and Allyn have more than 60 years of combined experience in commercial real estate, and have both worked for Trammel Crow Company and CBRE’s healthcare business. They will look to develop and acquire medical properties and capitlaize on the trend for healthcare to embrace retail and consumer mindsets. Fidelis’ tagline will be “Real estate at the intersection of Healthcare and Retail.” The new partnership will leverage the reputation of Fidelis Realty… Full Story

Caddis Breaks Ground on Frisco Medical Pavilion

Caddis, a Dallas-based national healthcare real estate firm, broke ground on the Frisco Medical Pavilion this month. The 34,650 square foot, multi-tenant facility is expected to be complete next summer. Located near the Texas Health Hospital in Frisco and will be anchored by the Texas Health Physicians Group internal medicine clinic. The general contractor will be Richardson-based Novel Builders, and the architect is Dallas-based Corgan. “The new clinic will be highly visible and easily accessible from the Dallas North Tollway and will have abundant parking,” said Jud Jacobs, Caddis executive vice president of development and partner, via release. “We believe this project will… Full Story

Local Healthcare Real Estate Director to be President of Commercial Real Estate Network

Caddis, a Dallas-based healthcare real estate firm, announced that Christine Gorham has been selected president-elect for 2019 and 2020 of the Commercial Real Estate Women Network. Gorham, Caddis’ director of its southeast region, will help lead the CREW network as it works toward transforming commercial real estate and advance women in their field. Gorham has worked in the medical operations field for 29 years and in healthcare real estate for 18 years. “CREW Network has been in operation almost 30 years and has 11,000 members in the United States, Canada and the United Kingdom with expansion plans underway. It’s an honor… Full Story

Baylor Scott and White Leaving Bryan Tower on Heels of Merger

After announcing a merger this week with Houston healthcare provider Memorial Hermann, Baylor Scott and White will be leaving their space in Bryan Tower downtown, the Dallas Business Journal reports. “The employees that are in (Bryan Tower) are part of the consolidation,” Baylor CEO Jim Hinton told the Dallas Business Journal. “When the new building is opened, we will be moving them.” Without Baylor, the  downtown Dallas 40-story, 1.1 million-square-foot office tower is likely to go into default, the Dallas Business Journal reports. Meanwhile, Baylor is building a new $70 million office building near Deep Ellum that is likely to be… Full Story