Search
 

New Firm Carving Niche as Medical Tenant Rep

DALLAS-Globe Medical Realty Advisors plants two offices in Texas and will add a third in Q1. The long-range goal is to build a nationwide tenant rep firm dedicated to medical office.

By Connie Gore | Updated on October 29, 2008

DALLAS-Playing to a market niche, a 17-year broker has launched Globe Medical Realty Advisors LLC in a bid to build the nation’s first tenant rep firm for the medical office industry. Two offices have just opened in Texas, one more will launch in the first quarter and then the plan moves outside the state’s borders.

David Rutson, the Dallas-based firm’s principal, has set up shops at 8117 Preston Rd. in North Dallas and 1200 Post Oak Rd. in Houston. San Antonio is next on the trip ticket. Rutson says other “markets of interest” are Raleigh-Durham, NC, Las Vegas and Phoenix. The goal is to have three to five brokers on the ground in each city in addition to physician board members in each market.

Charles Chou is leading the three-broker team in Houston. The new company’s board members include Dr Ron Hellstern, founding partner and former chairman of a national practice management company with more than 250 physicians and revenue of exceeding $250 million a year, and Dr Lillian Chou, who has extensive real estate experience and general partner of a 106-bed hospital that opened this year in Lubbock, TX.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.