Based on our tremendous growth in the Florida market, we are proud to announce that we have expanded our offices to a new location in Jacksonville beginning in August. Our growing team of professionals will continue to build on more than 45+ years of experience in the healthcare real estate industry. The new location will allow us to expand our service offerings and support healthcare providers as they deliver Better Healthcare in the State of Florida. We look forward to serving you in the future.
Meadows & Ohly is proud to announce the completion of the Tift Regional Musculoskeletal Services Building, which is an 80,000 SF outpatient services facility with a singular medical focus - musculoskeletal health. The building houses various specialities, including sports medicine, arthritis and osteoporosis center, neurology, pain management, chiropractic services and outpatient therapy services. The new space will provide a consolidated, multi-disciplinary approach to musculoskeletal medicine while freeing up needed office space in various other Tift locations.
M&O served as a strategic advisor and program manager for the project. M&O's management of the design standards and contractor selection process resulted in construction costs significantly below the regional average.
We are honored to serve Tift Regional and all of our clients as they deliver Better Healthcare.
Atlanta, GA - Meadows & Ohly was among the winners of the Best Interiors – Healthcare award at the 2018 CREW Atlanta Impact Awards ceremony. Meadows & Ohly, Piedmont Healthcare, Leapley Construction and Custom Sign Factory were nominated by architecture firm Warner Summers for their combined contributions. Warner Summers was also included as a recipient of the award. The challenging buildout involved renovating a sizable former retail space in downtown Atlanta for one of Piedmont Healthcare's primary care practices.
Alex Vess (construction program manager) and Sarah Chaplin (property manager), played a major role in the success of the project which inevitably led to the recognition of Meadows & Ohly by Warner Summers and the CREW Atlanta awards committee.
CREW Network was founded in 1989 to bring together women involved in the many aspects of commercial real estate to exchange information, develop business contacts and help each other succeed professionally.
Principals Jeff Brown & Parker Chambliss provide insight at 2018 InterFace Healthcare Conference
The annual InterFace Healthcare Real Estate Carolinas recently concluded in Charlotte, North Carolina. Meadows & Ohly was asked to serve on two panels comprised of prominent healthcare providers and real estate leaders discussing trends in healthcare real estate.
Jeff Brown contributed to a panel focused on:
What Do Hospitals & Systems See Coming in 2018 When it Comes to Marketshare, Consolidation and Delivery of Care, and What will be the Impact on Real Estate Usage & Utilization?
Parker Chambliss provided insight to a panel discussing:
Leasing & Operations Update: Will 2018 See More Consolidation and Changing Healthcare Delivery Product Types, and What will be the Impact on Rents and Occupancy?
Key topics discussed were:
- Market consolidation influence on real estate utilization
- Millennials and baby boomers impact on healthcare real estate strategies
- Rising OPEX costs
- Construction and T.I. pricing trends
- Outlook for Healthcare Real Estate in 2019
- The status of the investment sales, development and financing markets
- Economic development, job growth and other key macro economic issues in the region
Modern Healthcare released the results of their annual "Construction & Design" survey for 2018. Meadows & Ohly is honored to be ranked in the Top 5 of the "Top Development Companies" category for the U.S.
In addition, Healthcare Real Estate Insights (HREI) released their annual list of the largest outpatient healthcare real estate developers in the U.S. Meadows & Ohly ranked in the top 10 of the "Projects Started and Completed" category for 2018.
Meadows & Ohly consistently delivers projects on-time and at 15-18% lower construction costs than the regional average.
RICHMOND, VA - Meadows & Ohly is pleased to announce our regional expansion into Richmond, VA with the opening of the firm's fourth office. The new location will serve as strategic support for both current clients in the Richmond area as well as the rapidly expanding Virginia healthcare market. In addition, the firm will continue to pursue geographic expansion opportunities beyond the Southeast region.
ATLANTA, GA - Meadows & Ohly, LLC announced that Jeff Brown joined the firm as a Principal at the beginning of 2018. He will lead the firm’s strategy and market development activities. Jeff is a seasoned healthcare operations and strategic advisor that has spent the last twenty-five (25) years working with health systems, hospitals and physician practice organizations. Jeff complements the leadership team at Meadows & Ohly with his deep advisory capabilities and experience in providing solutions that drive efficiency, improve performance and create strategies that help healthcare organizations achieve results.
Jeff is excited about his new role and the influence he believes Meadows & Ohly can have in the healthcare real estate market. “I am pleased to be working for an organization that supports the healthcare market by developing strategies, creating opportunities for innovation and ensuring efficient management of their real estate assets to meet today’s healthcare delivery needs,” Brown stated. “Meadows & Ohly has a unique opportunity to continue to provide and enhance its turnkey real estate solutions which support healthcare providers (health systems, hospitals, physicians, senior living, ambulatory organizations, etc.) by optimizing and streamlining the capabilities and results of their real estate holdings”.
Today, Meadows & Ohly offers a full portfolio of health care real estate services including project planning, project financing, project development, program management, construction management, tenant representation, property management, lease administration and many others.
“Recognized as a healthcare real estate leader, Meadows & Ohly has a rich history of successfully blending the strategic needs of health systems and physicians with dynamic real estate solutions. Our mission to create environments that support better healthcare, is achieved by matching healthcare delivery strategies with the right real estate services and solutions”, said Tom Rhodes, Chairman and CEO of Meadows & Ohly. “Jeff will give us added strength around our strategy to ensure our services meet the evolving needs of the healthcare market."
Before joining Meadows & Ohly, Brown was a Senior Managing Director at FTI Consulting and held the same position at Navigant Consulting. He began his advisory work as a Consultant with Arthur Andersen. He launched his healthcare career working in hospitals including WellStar Cobb Hospital in Austell, GA and Baptist Health System in Jacksonville, FL.
Jeff earned his Master of Business and Master of Health Administration degrees from Georgia State University and his undergraduate degree from Georgia Southern University. He is active in numerous healthcare care professional organizations and associations, including HFMA, ACHE, GHA, VHHA, NCHA, FHA, and has presented and been published on numerous occasions related to health care market issues, opportunities and trends.
“As we continue to adjust to the healthcare real estate market demands of the future, we remain focused on offering our experience, expertise and results to ensure that our clients are market leaders” said Rhodes. “Our group of Principals, with the addition of Jeff, are equipped to meet these demands and support health providers with all of their real estate needs, challenges and opportunities.”
The winner of the 2017 Murray Award is Southern Regional Medical Center building manager, John Stalvey. Congratulations to John on all of his hard work over the past year, and his commitment to demonstrating M&O's core values of impeccable integrity, enthusiastic hard work and long term relationships.
About the award: The award was created as a tribute to Jerry Murray (retired senior building manager) and his contributions to the success of our company for so many years as well as a way to recognize excellence in building management for years to come.
The Murray Award is presented annually to a building manager who best exhibits characteristics which reflect M&O’s core values as we work daily to serve our physician tenants in a cost effective and first class manner.
Kerri Lauhala joins us as a Property Management Assistant on the Piedmont Healthcare team. Kerri comes to us from Highwoods Properties where she served for several years in a similar role. In her spare time, she enjoys volunteering at her step-son’s school, reading and traveling.
We are excited to have Kerri on-board as she helps us deliver Better Healthcare through Compelling Real Estate Solutions.
Meadows & Ohly is proud to announce the recent opening of the WellStar Vinings Health Park in Cobb County. Meadows & Ohly serves as the developer, general partner and property manager for the project. Residents of the area will now be able to easily access multiple health services under one roof in a cohesive healing environment. WellStar is greatly improving patient and family wellness experiences through the health park concept.
Meadows & Ohly understands real estate from a healthcare provider’s perspective and the importance of delivering consistent quality in support of our hospitals’ initiatives. The activities of their team, whether in the development of new medical office buildings, or in the delivery of ongoing property management services, are performed with excellence. Their team is professional, responsive and attentive to our needs. M&O is a valued partner.
- KEM M. MULLINS
Executive Vice President, Ambulatory Division & Business Development
WellStar Health System
Please click here for more details and photos of the project.
We are honored to serve WellStar and all of our clients as they bring Better Healthcare to the communities they serve.
Charlotte, NC - Kyle Huneycutt joins us as a Building Manager at the Matthews Medical Center in Matthews, NC. Kyle comes to us from Stokes Construction where he served in a similar role.
In his spare time, Kyle enjoys hiking, camping and canoeing.
We are excited to have Kyle on-board as he helps us deliver Better Healthcare through Compelling Real Estate Solutions.
Meadows & Ohly, LLC sells fifteen hospital based medical office buildings to Healthcare Realty Trust for $612,500,000
NEWS RELEASE FOR CLIENTS AND FRIENDS OF MEADOWS & OHLY, LLC
Peachtree Corners, GA – Meadows & Ohly, LLC and affiliated entities have entered into a definitive agreement to sell a portfolio of core hospital based medical office buildings in the metropolitan Atlanta market for approximately $612.5 Million to Healthcare Realty (HR), a publicly-traded real estate investment trust (REIT) focused on owning, managing, acquiring and developing outpatient medical facilities throughout the United States. Located on hospital campuses across the metro Atlanta market, the medical office buildings combined have approximately 1.3 million square feet of rentable space and are 96% leased. This portfolio is among the largest and highest quality medical office transactions in the US in 2017.
“The market conditions and unique quality of these medical office building assets provided an opportunity for us to position the portfolio for sale. In selling these assets which we developed or acquired over the past 15 years, we are pleased to have achieved the strategic objectives established for these properties”, said Tom Rhodes, CEO of Meadows & Ohly, LLC in announcing the transaction.
Upon closing of the transaction this fall, Meadows & Ohly will enter into a long term management and leasing contract with HR allowing the firm to maintain its strategic relationships with each of the health systems served. Meadows & Ohly will also expand its services platform by assuming property management responsibilities for approximately 1 million square feet of medical office properties within the existing HR portfolio. As part of the expansion, Meadows & Ohly will open an office in Richmond, Virginia.
“We have found a shared vision for healthcare real estate ownership and commitment to serving patients, physicians and hospitals with HR. We look forward to partnering with them to enhance the value of their existing assets while pursuing opportunities together in the markets we serve. HR will add a creative and competitive source of capital for acquisitions and developments which will expand the capital solutions we offer to hospitals and physicians.”
About Meadows & Ohly, LLC
Founded in 1972, Meadows & Ohly, LLC, a full service healthcare real estate firm provides development, property management, lease administration, brokerage, program management and advisory services to hospitals, health systems and physician practices. With offices in Atlanta, Charlotte and Jacksonville, Meadows & Ohly provides real estate services for a portfolio of 6.6 million square feet of hospital based medical office and outpatient properties. The firm has developed more than 70 medical office buildings valued in excess of $1 billion. For more information, visit meadowsandohly.com.
About Healthcare Realty
Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of June 30, 2017, the Company had gross investments of approximately $3.6 billion in 197 real estate properties in 26 states totaling approximately 14.5 million square feet. The Company provided leasing and property management services to approximately 10.9 million square feet.
Meadows & Ohly is happy to welcome Shari Chaney as our latest Property Manager in our Jacksonville corporate office. Shari will work closely with Portfolio Manager, Chad Boone, to provide support as they oversee the daily operation and leasing of medical office space. Shari comes to us with multiple years of experience from CSX Corporation where she served in a similar role as a Regional Manager of Corporate Real Estate.
In her spare time, Shari enjoys spending time with her husband and two college-aged children and cheering on the Jacksonville Jaguars.
We are excited to have Shari on-board as she helps us deliver Better Healthcare through Compelling Real Estate Solutions.
Meadows & Ohly is proud to announce that Sam Wellborn, Construction Program Manager, has earned his Certified Healthcare Constructor (CHC) credential from the American Society for Healthcare Engineering (ASHE), a personal membership group of the American Hospital Association (AHA).
Sam joined Meadows & Ohly as a Project Manager in 2005. He is responsible for the management and delivery of design and construction services. Sam has more than 20 years of experience in the construction industry, including 15 years of commercial construction. Since he’s been with Meadows & Ohly, Sam has managed over 1,000,000 SF of base building and interior construction, representing total project costs of over $100,000,000. Sam's healthcare experience includes physician office spaces of every major specialty, ambulatory surgery centers, diagnostic centers, and urgent care. While working as a General Contractor, he served as Project Manager on multiple Meadows & Ohly developed projects.
The entire Meadows & Ohly construction team is in the process of attaining this important certification as we constantly work to deliver Better Healthcare through Compelling Real Estate Solutions.
More about the certification:
The purpose of the CHC credential is to help healthcare facilities across the nation optimize their facilities by hiring the most knowledgeable and experienced representatives in the profession of healthcare construction. Since constructors that work in this environment are responsible for designing safe and efficient buildings that are perfect to deliver healthcare services, having the skills needed to fulfill job responsibilities is crucial.