The firm, fresh off its announcement last month that it had initiated a $12-billion investment strategy for its student housing and residential divisions, has hired real estate veteran Russell Brenner as president of the new medical office and life sciences entity.
Dallas has long been a business-friendly location and infrastructure hub in the center of the country, and Texas maintains strong data center incentives with sales tax exemptions available on large builds of more than $200 million.
Some $100 billion was poured into the asset class during the past decade, which has been matched by a technical shift and major influence by cloud platform providers–Amazon, Google and Microsoft.
Trammell Crow's new operating model will create expanded eastern and western regions, and enables the firm to elevate two of its top executives into strategic leadership roles across the country.
Eliadis most recently served at Walgreen Co. for nine years in the real estate and finance divisions. His appointment follows the October 2019 hiring of CEO Joe Brady, who previously had served as divisional VP for real estate at Walgreen Co.
Intuitive Health has chosen medical office development firms Rendina Healthcare Real Estate of Jupiter, FL and Anchor Health Properties to develop Intuitive's pipeline of healthcare properties on a build-to-suit basis.