Beth Young Team

Delivering Top Results

Beth Young, CCIM, LEED AP, is Senior Vice President and specializes in the marketing and sale of healthcare and investment properties for private investors, REITs, health systems and medical operators. In addition, she provides advisory services and lease negotiations.

Published articles

What Factors Bring the Highest Prices for Medical Office Buildings? 
If this is the year to sell your medical office building (MOB), you may have chosen the best time to sell in the next decade.

Year-End 2018 Houston Healthcare Research & Forecast Report
In the business world, interest in healthcare is at an all-time high. The medical office sector is the fastest-growing sector in the U.S. commercial real estate.

Mid-Year 2018 Houston Healthcare Research & Forecast Report
Despite the constant uncertainty associated with the healthcare sector, the Houston healthcare real estate market continues to demonstrate solid market fundamentals with resurgent job growth in the healthcare sector. Houston’s robust construction activity and steady leasing activity aids healthcare providers to continue to implement strategies making patient care more convenient and cost-effective.

Healthcare Facilities Trends
The future of health systems is shifting away from hospital settings to more developments of ambulatory surgery centers (ASC), medical office buildings (MOB), urgent care centers (UCC), free-standing emergency departments (FED) and micro hospitals, while being incentivized by government programs. 

Get updates about the Texas Medical Center, changes and growth regarding the numerous health systems, cutting-edge hospital design, new MOBs, growth of clinics' sizes, and notable healthcare property sales in Houston. Click here for the Year-End 2017 Healthcare RE Report - Houston, TX. 

Is The Timing Right To Sell Healthcare Properties
Investors and lenders have become focused on healthcare properties due to the stability and credit-worthy tenants with high tenant retention rates, says Colliers' Beth Young in this EXCLUSIVE.

Exclusive Two Part Interview with Beth Young by GlobeSt.com - Institutional and Foreign Investors Enter Health Arena as Healthcare Goes from Opportunistic to Core
A continuation of the trends that shaped last year, such as more development of outpatient facilities and little change in cap rates or pricing for medical office buildings, should carry over to 2018. Furthermore, there will be strong...

How to Sell a Medical Building and Lease It Back
Many developers and owners of ambulatory surgical centers (ASC) and medical office buildings (MOB) are physicians or health care operators with entrepreneurial natures.

The Future of Healthcare Properties
The architecture and design of hospitals and medical space is evolving with changes to the delivery and venue of healthcare. Hospital beds take up valuable space, but reimbursement remains critically important to both...

Cap Rates and Other Unanswered Questions About Healthcare Real Estate
There has been a narrowing of the gap between cap rates of various healthcare property types. World capital markets and the lack of available products are driving this change. Institutional investors have moved towards real estate and see medical real estate as a stable alternative.

Physician Office Leases and Investment in Healthcare Real Estate
When institutional investors consider real estate, they traditionally see healthcare real estate as a stable alternative. In the recent past, they could assume an 80% renewal rate from doctors in medical office buildings, but that has changed. Most of what healthcare property developers are designing and building today is targeted for a single tenant with multiple specialties and departments.

Repurposed Buildings: One-Stop Shopping Locations For Patients
Remember when, if your doctor suggested that you make an appointment with a specialist to further test you for high blood pressure and possible related issues, he expected you to find your own cardiologist? Have you noticed lately that when your primary care physician wants you to have more specialized testing done, he refers you directly to a specific doctor or group?

Private Practice vs. Hospital Employee: How Doctors' Decisions Affect Real Estate
Things have changed for physicians since the “good ol’ days” of just a few years ago. Their income has been greatly affected by reduced reimbursements by Medicare, Medicaid and insurance companies. The Affordable Care Act is putting the spotlight on return on investment (ROI) by scrutinizing costs while increasing care for patients, and doctors are discovering they will be penalized if they don’t purchase software and equipment in order to convert to new electronic health records.

Healthcare in your neighborhood: Now more convenient that ever for patients
There are many trends in the healthcare real estate industry, but one of the more obvious ones is the new convenience factor for patients. If you are in a mid-size to large city, you have probably noticed all sorts of medical-care options popping up in your neighborhoods, at major intersections, along well-traveled streets and even in your favorite department store or drug store.

Greening to Compete - Owners roll out sustainability programs to maintain their tenant base.
CCIM - Commercial Investment Real Estate (CIRE)

One Billion Square Feet of LEED Commercial Buildings
REDNews

Headlines

Summer 2019 Heathcare Services Report
In Colliers’ Summer 2019 edition of the Healthcare Services Report, we provide an overview of Post-Acute Care (PAC) and focus on Inpatient Rehabilitation Facilities (IRFs), a key segment of the PAC continuum. In addition to defining the nature of IRFs, we focus on their growth; policy and income considerations; sales and pricing trends; and provide some pointers for investors. In part two of this report to be published this Fall, attention will be centered on Behavioral Health Facilities, another major inpatient segment..

2019 | Mid-Year Houston Healthcare Market Report | Houston healthcare real estate market continues to expand in the suburbs
The Houston healthcare real estate market continued to expand over the first half of 2019 as Houston’s leading Health Systems grow to accommodate Houston’s rapidly increasing population.

Houston among cities with highest office vacancy
Houston, Dallas and Atlanta saw upticks in office vacancy rates in the second quarter, with Houston still having the highest rate by far among the nation's 10 top markets, according to a new report.

Q2 2019 | Houston Office Market Report
Over the last two quarters, Houston’s office market has shown signs of a slow recovery from the energy downturn, but it hit a speed bump in Q2. During the quarter, the market posted negative net absorption of 842,200 SF, a substantial reversal from the  positive absorption of 492,000 SF recorded in Q1. 

2019 Houston Economic Outlook
Houston ranked among the top-performing U.S. metros last year and has historically been a top 10 metro leading the nation in population and job growth.

Q1 2019 | Houston Office Market Report
Houston’s office market continues to slowly improve, filling vacant space emptied during the energy downturn. In Q1 2019, the market posted positive absorption of 724,000 SF, a substantial increase from the negative 1.2 million SF of absorption recorded one year ago.

Year-End 2018 Texas Seniors Housing & Care Research & Market Report
Seniors housing continues to emerge as a mainstream commercial real estate sector, as new investors, developers and operators enter this market. What is driving this interest?

2019 Healthcare Marketplace Report
We are pleased to share Colliers International’s 2019 Healthcare Marketplace Report, which shows that the U.S. healthcare real estate sector remains on solid footing. The national vacancy rate for medical office buildings (MOBs) held virtually flat after 2017’s all-time low, even though 20.9 million square feet of new medical office space was delivered in 2018. Pricing and capitalization rates (cap rates) held firm in 2018, while MOB rental growth in 2018 was the highest on record.  

Q4 2018 Top Office Markets Report
A Strong Close to 2018 as Major Office Markets Continue to See Significant Demand.  

E Fort Bend Commercial Real Estate Trends | Q4 2018 Fort Bend Submarket Snapshot
The Fort Bend office submarket posted 11,031 SF of positive net absorption in Q4 2018, an 85% decrease from the previous quarter. The average vacancy rate fell 10 basis points (bps) from 10.7% to 10.6% over the quarter and the average quoted rental rate decreased slightly by 1.0% from $26.69 to $26.42 per SF. There are no buildings currently under construction.  

Reversal of Fortune? U.S. Property Markets Stage Partial Come Back
Let the good times roll — we aren’t done yet. Sales transactions in U.S. commercial property markets picked up in the first half of 2018 (1H 2018). Though the gains were modest, amounting to just 4% over the first half of 2017, year-over-year transaction volumes rose in two consecutive quarters for the first time since late 2015, after falling in seven of the prior eight quarters. And sales of trophy and other high-priced assets faired even better, jumping almost 9% in 1H 2018.  

Houston's Economy Back On Track 
Houston ranked among the top-performing U.S. metros last year and has historically been a top 10 metro leading the nation in population and job growth. In March, The Brookings Institution ranked Houston 5th best performing metropolitan area by change in growth, 2010-2015, in it’s 2017 Metro Monitor. According to the U.S. Census Bureau, Texas suburbs, including Houston’s, made up half of the country’s 10 fastest growing cities between 2015 and 2016.

U.S. Industrial Market Firing on all Cylinders Heading into 2018
Essential indicators for industrial real estate demand in the coming year, including loaded inbound container volumes and intermodal rail volume, continue to rise. Loaded inbound container volumes increased in 2017 in nearly all major seaports. While volumes continue to grow at a brisk pace in most markets, the largest year-over-year gains were seen at the ports of Long Beach, Savannah and Houston, which... 

2017 Closes Out on a Positive Note as Major Office Markets Remain Strong
U.S. Research at Colliers International released the Q4 2017 top office metros snapshot featuring the Houston market. The rising price of crude oil and the positive about-turn in net absorption, Houston is poised for a potential revival of fortunes. 

Houston Economic Outlook 2018 
Houston ranked among the top-performing U.S. metros last year and has historically been a top 10 metro leading the nation in population and job growth... 

Exclusive Two Part Interview with Beth Young by GlobeSt.com - Institutional and Foreign Investors Enter Health Arena as Healthcare Goes from Opportunistic to Core
A continuation of the trends that shaped last year, such as more development of outpatient facilities and little change in cap rates or pricing for medical office buildings, should carry over to 2018. Furthermore, there will be strong... 

Interest grows for net lease medical properties
The single tenant medical sector remained popular with investors through the first three quarters of 2017, and several demographic factors will likely sustain that interest over the next few years, regardless of the changes in the nation’s political landscape.

Houston health care report – mid-year 2017
When writing about the healthcare-property market in the greater Houston area, the first thing we must acknowledge is that Houston is home to the Texas Medical Center (“TMC”), the world’s largest medical center and the eighth largest business district in the U.S. With that comes 50 million developed square feet in the TMC alone, plus additional hospitals and outpatient centers spread throughout the far-reaching suburbs that cater to nearly seven million people (as of last year).

Houston office report – Q2-2017
The Houston office market continues to struggle, with vacancy now at the highest rate since 1994 according to a new local research report. Colliers International monitors and identifies commercial property trends to equip businesses to successfully buy, sell, lease, or develop property. The Houston Office Research & Forecast Report is a portal for market indicators, summary statistics, development pipelines, sublease overviews, and skyline views of available space…

Part 2: retail in a health care setting
Despite more stringent public health requirements than in a traditional high-street setting, food service retailers are realizing the untapped potential that hospital locations offer.

Part 1: retail in a health care setting
Consumers are looking for efficiency — they want to be able to see a doctor and have an X-ray in the same location. The greatest response to this demand has been the rise of urgent care centers.

Industry experts speculate on the implications of the HTA-Duke Realty deal
The buzz has slowed a bit in the aftermath of the blockbuster deal of 2017, but there are still a few details to be worked out and the transaction is likely to continue to have an impact on the healthcare real estate (HRE) sector in several ways.

MOB cap rates compress across the board
The overall average cap rate for outpatient medical buildings has previously remained steady at around 6.7% for a number of quarters.

Stream, AMD to develop medical office building in Memorial Villages area
Dallas-based Stream Realty Partners LP announced June 15 plans for Memorial Medical Pavilion, a new five-story medical office building in the Memorial Villages area.

Bay Area update
Hot medical development projects under construction in Bay Area Houston.

How to sell a medical building and lease it back
Many developers and owners of ambulatory surgical centers (ASC) and medical office buildings (MOB) are physicians or health care operators with entrepreneurial natures

Are hospital cap rates beginning to rise?
During the past few years, investors have become increasingly interested in the $600B+ US hospital real estate sector.

U.S. health care real estate is one trillion dollar sector
Each year, Revista updates its size and scope of the U.S. health care real estate sector. We maintain a database of all hospital, medical office (MOB) and other healthcare properties located throughout the continental United States.

2017 | U.S. health caare market | research and forecast report
Total investment in MOBs fell from $11.6 billion in 2015 to a still-respectable $9.3 billion in 2016. Excluding large-scale portfolio trades, the nature and composition of investment activity was similar in both years.

Informative tools and links
 

US Green Building Council
LEED certification

http://www.usgbc.org/

CCIM

http://www.ccim.com/

CCIM - Houston

http://www.ccimhouston.org/

STDBonline

http://www.stdbonline.com/

CoStar

http://www.costar.com/

LoopNet

http://www.loopnet.com/

REDNews

http://www.rednews.com/

Real Capital Analytics

http://www.rcanalytics.com/

Greater Houston Women's Chamber of Commerce

http://www.ghwcc.org

 
What is a CCIM

What is a CCIM?

ccimlogoA CCIM (Certified Commercial Investment Member) is a recognized expert in the commercial and investment real estate industry. The CCIM lapel pin is earned after successfully completing a designation process that ensures CCIMs are proficient not only in theory, but also in practice. This elite corps of CCIMs includes brokers, leasing professionals, investment counselors, asset managers, appraisers, corporate real estate executives, property managers, developers, institutional investors, commercial lenders, attorneys, bankers and other allied professionals.

 

What is a LEED AP

What is a LEED AP?

leedapThe LEED Professional Credentials were developed to encourage green building professionals to maintain and advance their knowledge and expertise. A LEED Professional Credential provides employers, policymakers and other stakeholders with assurances of an individual's current level of competence and is the mark of the most qualified, educated and influential green building professionals in the marketplace. All the LEED Professional Credentials require adherence to the LEED Professional Disciplinary and Exam Appeals Policy and require ongoing credential maintenance requirements either through continuing education and practical experience or through biennial retesting. Starting in 2009, newly credentialed individuals must maintain their credential on a two-year cycles. If not, they expire.

Beth Young specializes in selling healthcare investment properties, with a focus on hospitals, surgery centers and medical office buildings for financial institutions, REITS, private investors and medical operators.

 


Our team

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Beth Young
Senior Vice President | Houston
Houston

Beth Young is a real estate advisor to health systems, private and institutional investors, and users of medical facilities. She specializes in dispositions, acquisitions, marketing, asset valuation, contract negotiations, and leases of medical and investment properties.

Prior to joining Colliers, Beth was Vice President of the Investment Services Group of the former Grubb & Ellis Company where she specialized in the sale of investment properties including office, medical, retail and industrial buildings, and was a member of the Healthcare Practice Group.  From 1996 to 2002, she served as Vice President of Corporate Services for The Staubach Company, now JLL.

Beth has served in numerous executive positions on the Boards of the Houston/Gulf Coast Chapter of CCIM, the National Board of the CCIM Institute, CREW, CoreNet Global, and the Greater Houston Women’s Chamber of Commerce.  In 2002, she was the first female to be elected President of the Houston/Gulf Coast Chapter of CCIM.  In 2003, she was presented with the Presidents’ Cup Award, the international award for outstanding achievement and leadership by a chapter president. In 2003 and 2004 she was elected Regional Vice President of CCIM’s Region Four over Texas, Louisiana and Oklahoma. 

Beth has served as a Director of the Greater Houston Women’s Chamber of Commerce since 2011. She is the Chairman of the Women’s Health Network of the Texas Medical Center; and has been recognized and presented with many awards including the Chamber’s Volunteer of the Year, President’s Key Supporter Award, the first Role Model Award and most recently, the 2018 Committee Chair Award.  Beth is a Trustee and Assistant Secretary on the Harris County Hospital District Foundation Board and is Chairman of the Small Grants Committee. She has also served on the boards of the American Heart Association and the War Against Drugs.  In addition to being an industry speaker at conferences, she regularly writes healthcare property articles that have been published by GlobeSt.com, Knowledge Leader, the Houston Medical Journal, Texas Real Estate Business, REDNews, Commercial Investment Real Estate magazine for the CCIM Institute, CREW White Papers, the Houston Chronicle, and the RCA Report for the National Association of Realtors.

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Bart Morey
Senior Vice President | Houston
Houston

Bart Morey earned a Bachelor and Masters Degrees in Civil Engineering from Rice University in Houston, Texas.  Since earning his graduate degree in 1980 he has worked as a Project Manager on projects across the United States.  Bart is unusual in that he has worked for both the contractor and the owner on projects throughout his career, thus, resulting in a unique perspective and skill set that few people have.   During his tenure as a Project Manager for a General Contractor, Bart has been directly responsible for approximately 6,500,000 square feet of commercial projects totaling over $355 million.  While working on the Owner’s side he has directed some $170 million worth of projects encompassing over 2,800,000 square feet. 

Bart’s success is based on result oriented management and supervision. Understanding the design and construction process from the different parties’ perspectives translates into savings in time and money for the end user.  Working with Owners and Tenants has afforded him a truly unique viewpoint of the essential requirements to the project and the ability to translate that vision into quantitative results. 

Bart has learned through his career that adherence to certain fundamentals is the key to guaranteeing a smooth construction process and expedited close-out.  Managing the preconstruction stage of a project requires a comprehensive understanding of the goals at hand. 

Close administration and analysis of the bid process is essential to delivering projects on schedule, under budget, and with no surprises.  Consultants need to commit to a timely delivery schedule and their product has to meet clearly defined stages of development.  Furthermore, Contractors need to have a clear understanding of what is expected of them.  Bart has learned that adherence to these fundamentals is the key to a successful project.

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Crissy Nolen
Chief Marketing Officer | Houston
Houston

Crissy develops and expands Colliers International's Houston and Austin platforms via a multitude of marketing channels including colliers.com, social media, graphic design, business proposals, and events. She is responsible for marketing business plans, systems, onboarding, and professional communications including budget, proposals, responses to RFPs, public relations, advertising, and property listings.

Crissy designs and conducts in-house training programs to elevate staff knowledge and to enhance new business skills. She organizes and executes company events and recognition programs to support and promote a positive work culture.

In 2013, Crissy was honored to receive the Colliers International Marketer of the Year award. In 2015, the Houston office took home the Best Market Intelligence Initiative. As a team, the Houston office continues to be recognized for marketing and research initiatives year after year.

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Bethany Redd
Project Coordinator
Houston

Bethany is a commercial real estate professional with legal experience. She translates her creative and innovative ideas across all service lines in this ever-changing industry. Bethany excels at providing excellent customer service to both her internal team and external clients. She delivers high-quality capital markets, tenant and landlord representation, and property marketing reports and presentations. She is highly organized and has a keen eye for details, ensuring a high standard of quality in everything she does.

As the primary project coordinator for the Colliers office in Houston, she supports a team of advisors who specialize in all property types including land, office, retail, industrial, healthcare, and investments. She works on projects from proposal stages to closing and strives to help her team exceed their clients’ needs and expectations.  

Before Colliers, Bethany’s background consisted of reporting on commercial properties, property management projects, legal support, and consulting.

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Houston Economic Outlook 2019
Houston ranked among the top-performing U.S. metros last year and has historically been a top 10 metro leading the nation in population and job growth. According to the U.S. Census Bureau, the Houston-The Woodlands-Sugar Land MSA recorded the 3rd largest year-over-year increase in nonfarm payroll employment, recording an increase of 86,200 jobs or 2.8%. Professional and business services added the largest number of jobs from April 2018 to April 2019, up 22,300. Click to read more.
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