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THE WOODLANDS, TX-US Oncology Inc. hired CB Richard Ellis Group Inc. to provide real estate services for its nationwide, five-million-square-foot portfolio. The agreement calls for CB to handle transaction management, lease administration, lease audit and other services for the cancer-care delivery network’s 525 leased and owned sites.

In addition to handling transaction management for its client, “we’re also in the process of leveraging our entire platform to help them improve their real estate performance,” says CBRE senior VP Matt Flaherty, who is leading the real estate team for US Oncology. He tells GlobeSt.com that CBRE is working with its client to help it manage real estate costs, especially on the leasing side.

For example, a lot of TI dollars go into the buildings used in the system. “We can work with them on the cost management side as they structure leases and manage their obligations,” Flaherty notes.

US Oncology supports one of the nation’s foremost cancer treatment and research networks. The company is involved in every aspect of cancer care delivery, from drug development, to distribution, to outcomes measurement. At last count, US Oncology was affiliated with 1,236 physicians operating in 476 locations, and 94 radiation oncology facilities throughout 39 states.

The company’s vast real estate portfolio consists of specialty cancer centers, PET, radiology and other diagnostic imaging clinics and pharmacies. Also in the mix is the company’s locally based headquarters and administrative office space. Flaherty says CB is looking at everything to help US Oncology manage costs as it continues to provide state-of-the-art service to patients.

“Service delivery is so important; in this industry you’re managing healthcare patients with critical needs,” Flaherty explains. “US Oncology really cares about the value of their facilities, and understands that the way buildings are maintained is important when it comes to getting service to their clients.”

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