FLAGSHIP HEALTHCARE PROPERTIES NAMES DEVEREAUX GREGG AS SENIOR VICE PRESIDENT OF DEVELOPMENT

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CHARLOTTE, NC – January 11, 2017 – Flagship Healthcare Properties, LLC is pleased to announce that Devereaux “Dev” Gregg has joined the firm as Senior Vice President of Development, effective January 9, 2017. Dev will lead the development department in maximizing the performance and value of our development service line, while formulating and implementing best practices for a long-range development team strategy and the continued growth of the firm. Dev brings over two decades of healthcare real estate property development experience and has extensive knowledge of the industry’s trends and challenges.

“If luck represents the intersection of preparation and opportunity, I’m thrilled we are lucky enough to welcome Dev to the Flagship Healthcare Properties’ team,” said Brannen Edge, Co-managing Partner, President and Chief Operating Officer of Flagship Healthcare Properties. “Among the most important decisions we make in fulfilling our duty as stewards of our clients’ capital and advisors on their real estate strategies is ensuring we have the best team possible. Dev more than fits that bill and represents an important addition to our senior management team.”

Dev will directly support the company’s portfolio of development projects, providing strategy and vision for the capture, planning, structuring, financing, and execution of all new healthcare developments for the firm.

”I could not be more excited to join the team at Flagship Healthcare Properties. I’m very  energized to be part of one of the leading healthcare real estate firms in the Southeast and Mid-Atlantic regions of the country,” states Dev Gregg, Senior Vice President of Development. Delivering quality real estate facilities that positively impact our client’s patients and providers is baked into the corporate fabric of FHP. Being a part of that culture and working to help advance their development platform will be a great opportunity.”

Prior to joining Flagship Healthcare Properties, Dev was SVP for Development Services at Cogdell Spencer, Inc. and Erdman Company where he planned, leased, and financed 32 healthcare projects totaling 2,000,000+ sf and $420 million in cost, including ambulatory facilities, in-patient hospitals, and associated parking structures.

“We have long-admired Dev in his prior roles at Cogdell Spencer and Erdman, as much for his character and reputation as for his development experience and acumen,” adds Charles Campbell, Co-managing Partner and CEO. “I’m delighted to welcome him to our company and management team, and look forward to working closely with him to deliver exceptional development solutions to our healthcare clients.”

 About Flagship Healthcare Properties, LLC

Headquartered in Charlotte, North Carolina, Flagship Healthcare Properties (FHP) is a fully integrated commercial real estate firm focused on healthcare and professional office properties. FHP provides its health system and physician partners with a full range of real estate services including acquisitions, development, management, maintenance and leasing. The company oversees more than 80 properties totaling more than 2 million square feet in 6 states across the Southeast. For further­­ info­­r­mation, visit www.FlagshipHP.com.

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