Healthcare Healthcare

Medical Real Estate Advisors

The mission of Medical Real Estate Advisors (MREA) is to bring superior results to our clients through innovative ideas and passionate execution. MREA works with forward-thinking leaders to solve their major obstacles and achieve their desired outcomes with a tailored approach.
MREA’s service platform is to provide strategic advisory and brokerage services to physician practice groups, hospital systems, investors in healthcare real estate, university medical centers, ambulatory surgical center operators, larger dental groups and behavioral health companies. Through Cushman & Wakefield's National Healthcare Advisory Practice, led by Lorie Damon, the team provides clients with property management, project and development services, lease administration, transaction management, and investor services. The three points below, when combined, are what set Cushman & Wakefield’s Medical Real Estate Advisors apart from our competition: 

  1. MREA is comprised of carefully curated medical real estate professionals that have the experience and scale to deliver on both a local and national level. The MREA professionals at Cushman & Wakefield have collectively completed over 2.1 million square feet of medical real estate transactions since 2005 . 

  2. MREA leverages a powerful suite of proprietary technological tools to assist their clients in both making data driven decisions and better achieve their desired outcomes. The team utilizes internal proprietary data resources that take into account service line growth projections, payor mix analysis, clinical space utilization, regulatory compliance, and healthcare real estate market dynamics to enhance insights and improve decision-making for their clients.   

  3. As a part of the national Cushman & Wakefield Healthcare Advisory Group, MREA leverages best of class practices and knowledge from across the country to best serve their clients. By being a leader in this group, our clients gain access to local market knowledge from top medical brokerage professionals across the country and get the benefit of having local expertise with a national reach. 

Medical Real Estate Advisors is one of the largest medical real estate brokerage teams in the U.S., which provides the bandwidth to execute both simple and larger, more complex assignments. MREA represents medical practices and companies with multiple locations across the United States.

Meet the team

Rich Wong (image)
Rich Wong

Senior Associate
Las Vegas, United States


+1 702 688 6889

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Ken Marrama (image)
Ken Marrama

Brokerage Specialist
Las Vegas, United States


+1 702 605 1619

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Lorie Damon St. Louis Healthcare
Lorie Damon

Executive Managing Director, Healthcare Advisory Practice
St. Louis, United States


+1 (314) 813-9526

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Jennifer-Seiler-2023-Head-Shot
Jennifer Seiler

Managing Director
St. Louis, United States


+1 (314) 568-3526

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Recent Transactions

Valley Health System ER
VALLEY HEALTH SYSTEM

8 Acres For Freestanding Emergency Department

Services: With the tasks of researching and identifying a strategic site, our team represented the largest health system in So. Nevada with the acquisition of +/- 8 acres of vacant land for the development of a FED.
 

3016 W Charleston
UNLV SCHOOL OF MEDICINE

30,297 SF Lease

Services: Our team represented the UNLV School of Medicine in the leasing of 30,297 square feet of space in a third party building.

Fire Mesa
2700 FIRE MESA STREET

44,424 SF Building

Services: With Universal Health Services as the single tenant, our team represented the seller in the sale of the asset for $12.9 million to a national medical REIT.

Montevista Hospital
MONTEVISTA BEHAVIORAL HOSPITAL

101,327 SF Buildings

Services: Considering the challenges of a closed 202 bed behavioral health hospital, our team represented the owner in the sale of the property to a behavioral health company.

 
Pakrway Medical
PARKWAY MEDICAL OFFICE BUILDING

128,762 SF Medical Office Building

Services: Our team discovered this off-market opportunity and represented the national buyer to purchase this 100% leased MOB for $45.5 million.

Children's Heart (image)
CHILDREN’S HEART CENTER NEVADA

33,326 SF Lease

Services: Our team completed the lease for the clinical and professional office space for one of the largest pediatric cardiology programs in the country.

Partnerships

Featured News & Insights

life sciences
Research

Life Sciences Update: February 2024

The life sciences industry enters 2024 with measured optimism, signaling that the sector has reverted to its long-term trend for growth. A flurry of recent announcements, from strong initial public offerings to exciting new mergers and acquisitions, has breathed new life into the industry.
Sandy Romero • 3/6/2024
healthcare setting
Research

Vital Signs 2023

Healthcare Sector Outlook
Lorie Damon • 12/7/2023
doctors reviewing document in hospital lobby (image)
Research

Navigating uncertainty: Strategies for effective medical office asset management amid economic headwinds

New challenges for medical office asset and property managers have been created by pandemic-induced supply chain disruptions along with inflationary pressure on both operating and construction expenses.
Jennifer Seiler • 10/19/2023
Surgeons operation in OR
Research • Investment / Capital Markets

Vital Signs: Medical Office Buildings Capital Markets Update

From 2020 through the beginning of 2022, capital markets activity for medical office buildings (MOBs) saw significant growth in both transaction volume and pricing, spurred by a confluence of factors.
Jacob Albers • 5/19/2023
Doctors (image)
GlobeSt. Real Estate Forum’s 2020 Healthcare Influencers

Representing the essence of Cushman & Wakefield’s healthcare advisory platform, the firm’s Mid-Atlantic healthcare team coordinates clients service with teams nationally to ensure alignment and integration of its healthcare approach, while impacting the sector through its services.

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