We applied creative thinking toward securing an ultra green laundry facility that supports the operations of our region's exceptional hospitals.
Transaction Details
Client: Hospital Central Services Association
Size: 432,000 SF (land)
Space Type: Specialized
Sector: Non-Profit
Service Line: Brokerage, Consulting & Strategic Planning
Keywords: Industrial, Tech, Healthcare, Land, Development, Financing
Total Client Transactions: 3
Challenge
This assignment included the site selection and development of a new state-of-the-art hospital laundry facility. The governing board of the Hospital Central Services Association (HCSA) consisted of CFOs from five major hospitals, all of whom were represented by different legal counsel. Kinzer managed complex communication channels which required continuously consensus building among stakeholders with varying priorities.
Solution
Kinzer successfully managed the large governing board throughout site selection, development agreements, creative financing, and equipment acquisition, and the formation of the legal structure of the ownership entity.
