The cost-management, planning and estimating business is growing more critical for real estate owners.
One leading firm MGAC has recently increased its staff size by 50 percent by virtue of its recent acquisition and to serve its growing list of new clients.
In October, it acquired UK-based firm RLF. MGAC said it has nearly 300 employees and said it continues to hire in the US, UK and Canada.
“MGAC employs expert cost management professionals who have years of experience in construction cost planning and estimating services and are able to stay ahead of trends to maintain project and cost controls,” MGAC’s newly appointed president & CEO Mark Anderson tells GlobeSt.com.
In addition to Anderson’s appointment, Steve Hay was promoted as the firm’s COO and managing director; and Sandra Grande was promoted to CMO. Both have been with the firm for several years.
Anderson, the company’s founder, said in a release that he will be focused on the company’s plans to continue to position itself for future growth and success.
Grande will manage and grow the firm’s global marketing team across its soon-to-be 11 offices.
Hay was also tasked with HR and IT for the company.
Among its recent projects are the T-Mobile Customer Center in Richmond, Va.; and outpatient facilities at Cedars-Sinai Hospital in Los Angeles.