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nspira Health has opened its new $5 million Inspira Medical Group Primary Care Millville, expanding the facility to over 9,000 square feet from its previous 2,000 square feet. This move marks a significant growth for Inspira's presence in Millville.
Clinical: Medical Real Estate Solutions is expanding its team with Michael Swanson, who joins as director of portfolio transaction management after nearly 30 years of commercial real estate experience, including substantial health care-related expertise. The firm specializes in real estate advisory services for medical providers and investors, aiming to streamline operations and reduce costs.
Swanson brings a wealth of knowledge from his previous roles at CBRE and Cushman & Wakefield, where he managed large portfolios and negotiated over 1,000 transactions spanning 2.5 million square feet. He's achieved an estimated $100 million in cost savings for clients and is now part of Clinical's team to deliver value and results to health care clients.
Clinical's CEO Jonathan Marks sees growing demand in the health care real estate sector for 2025, driven by factors like an aging population, increasing health care spending, and technological advancements. The firm offers a range of services, including medical lease and sales transactions, portfolio optimization, and strategic site selection, with the goal of making medical real estate "simple" for clients.
