Winter 2021 Edition Three Recommended Steps for Hospitals to Better Utilize Office Space Post-COVID-19 Source Article: Forbes Commentary by: Chris Gordon, Senior Managing Director How are hospitals and medical centers rethinking their office needs and workspaces? With the recent surges and fluctuations in patient care, access to clinical space is crucial. According to a recent article in Forbes, approximately one-third of academic medical centers are dedicated to non-clinical workspace. The pandemic has presented health systems an opportunity to reevaluate their spaces and create more productive and efficient floorplans. View Article December 2020 M&A Spotlight: 107-Bed Capital Medical Center Acquired Commentary by: Eric Murphy, Managing Director Capital Medical Center is a community-based healthcare system that serves patients throughout South Sound and provides care in more than 20 specialties and subspecialties. MultiCare Health System of Tacoma announced it will acquire ownership interest in Capital Medical Center. View Article $1.5B+ in MOB Transactions Closed in December 2020 Commentary by: Jessica Moore, Financial Analyst One hundred and seventy four medical office building transactions closed in December 2020. Even though 13 states (including DC) were without a closing in the month of December, the transaction volume totaled $1.57 billion and over 3.58 million square feet. View Article

910 Erie Blvd East MOB Syracuse, NY Total SF: 35,585 Sales Date: 1-15-2021 Price: $6,091,000 Lifespan ACC Greenwich, RI Total SF: 48,307 Sales Date: 12-22-2020 Price: $18,725,000 ‌

Executive Leadership

Todd Perman, CCIM Vice Chairman tperman@ngkf.com t 678-521-3454

Medical Office Capital Markets & Investment Banking Advisors

Ben Appel Executive Managing Director ben.appel@ngkf.com t 215-872-9903

Chris Gordon Senior Managing Director cgordon@ngkf.com t 214-335-3923

Jay Miele Senior Managing Director jay.miele@ngkf.com t 732-778-3895

John Nero Managing Director john.nero@ngkf.com t 610-308-8192

Michael Greeley Senior Managing Director mgreeley@ngkf.com t 617-223-1623

John Cobb Managing Director jcobb@ngkf.com t 404-547-2009

Richard Gerakitis Associate Director rgerakitis@ngkf.com t 404-408-4828

Bryan Walsh Associate Director bwalsh@ngkf.com t 847-363-4050

Chris Witcher, CCIM Associate Director cwitcher@ngkf.com t 404-583-6757

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