Texas Medical Center and JLL Embark on Strategic Partnership
Texas Medical Center (TMC) announced today that it has selected JLL (NYSE:JLL) to be its strategic partner responsible for providing facility management (FM) services for all TMC-owned corporate real estate, including office buildings and parking facilities. In this role, JLL will implement a comprehensive program to deliver and manage a full slate of services and technology solutions to transform and enhance the experience for TMC’s customers and employees.
“We are executing a bold vision to advance innovation and collaboration across the medical center, which requires us to expand our capabilities to meet this challenge,” said Bill McKeon, TMC’s chief strategy & operating officer. “As a global leader in facilities management, JLL is the ideal strategic partner for TMC as we transform the way we serve our ever-expanding campus.”
TMC’s footprint spans more than 1,300 acres with 26 miles of streets in the heart of the nation’s fourth largest city. In addition to its mission of fostering collaration and innovation among its member institutions, TMC also is responsible for stewardship of the medical center’s physical infrastructure.
“This is an important time in TMC’s history and we are proud to have this opportunity to use our significant regional strength to support their current and future needs,” said Dan Bellow, president, JLL Houston. “With our extensive facility management expertise and strong ties and community involvement in the Houston area, bringing our best-in-class service to the campus will allow TMC to focus on what is most important – advancing research, education and clinical care.”
About Texas Medical Center
TMC is the largest life sciences destination in the world. Its 56 member institutions include 21 hospitals, 13 support organizations, eight academic and research institutions, six nursing programs, three public health organizations, three medical schools, two universities, two pharmacy schools and a dental school. Recently, TMC announced its vision for transforming the area with the creation of the TMC3 Innovation Campus, a new 28-acre development that would promote further research collaboration and innovation. By leveraging JLL’s facility management resources, TMC will be better positioned to deliver a consistent and efficient customer experience to the 7.2 million patients and their families who visit TMC every year. Learn more at tmcnews.org.
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $57.2 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
About JLL Healthcare Solutions
JLL’s Healthcare Solutions group partners with hospitals, health systems and other health and healing service providers across the continuum of care throughout the nation As a leading provider of healthcare facility management services, JLL’s Healthcare Solutions team oversees and services 132 acute care hospitals comprising 11,450 beds, and manages 113 million square feet of healthcare related facilities with 123,000 beds. Consistently recognized as a top company in Modern Healthcare’s annual rankings of real estate firms, JLL has also been ranked for eight years in a row on the Ethisphere Institute’s World’s Most Ethical Companies.