Cushman and Wakefield Expands Healthcare Practice Group

Cushman & Wakefield announced today that Sean McDonnell and Kathleen Fazio have joined Cushman & Wakefield's Healthcare Practice Group in the Stamford, Connecticut office as senior director and director, respectively. Mr. McDonnell and Ms. Fazio have 25 years of combined real estate experience and have completed more than 500,000 square feet of medical transactions over the last five years. They will focus their efforts in the Connecticut market, while providing support to their national clients, as well.

Mr. McDonnell returned to Cushman & Wakefield after serving as executive director of real estate operations and property management for Norwalk Hospital. He previously held positions with both Cushman & Wakefield and CB Richard Ellis. Ms. Fazio previously served as the director of leasing and sales for Summit Development in Southport, CT. Mr. McDonnell and Ms. Fazio have initiated and designed innovative healthcare growth and expansion programs, as well as physician management initiatives for both local and national firms. They are experts in medical practice expansion and strategic planning, as well as medical services cost containment and relocation. Mr. McDonnell's and Ms. Fazio's clients include: Norwalk and Griffin Hospitals, Greenfield Partners, Stanley Seligson Properties, Marcus Partners and MMS Medical.

"It is a real pleasure to welcome Sean McDonnell and Kathleen Fazio to Cushman & Wakefield," said Jim Fagan, Cushman & Wakefield's senior managing director and head of Cushman & Wakefield's Fairfield and Westchester County region. "The addition of their specialized expertise will enhance Cushman & Wakefield's capabilities both locally and nationally. They, in turn will benefit from Cushman & Wakefield's extensive platform of services to fully support their broad array of clients."

C&W's national Healthcare Practice Group is comprised of brokerage professionals who specialize in the unique requirements of the healthcare industry. The group was formed to ensure that the combined expertise of real estate and healthcare issues are brought to bear on behalf C&W's healthcare clients and their specialized real estate challenges on a national, regional or local basis. The Healthcare Practice Group also guides clients' real estate decisions with regard to the statutes including the Stark Law, which governs the complex relationships between hospitals and their doctors, as well as compliance with most other statutes and issues that the industry faces.

"Cushman & Wakefield offers an extensive healthcare platform from which to better service our existing clients and to further expand our business," said Mr. McDonnell. "The C&W brand and the high caliber of C&W's national Healthcare Practice Group will enhance our business development efforts and enable us to offer our clients superior service delivery on a national basis. We are looking forward to working with C&W's accomplished real estate professionals."