Lizzack-Horning joins The Clinical Group to lead med properties

The basics:

• Clinical Group hires Team Lizzack-Horning to lead new medical properties division
• Brokerage team has completed 200+ office and health care transactions
• Move expands Clinical Group’s reach in NJ, NY and PA
• New platform enhances tech-enabled services for health care landlords and investors

The Clinical Group continues to grow, building out its staff with top brokerage team Lizzack-Horning leading a new segment.

The Landlord Representation & Investment Sales division adds to sister companies Clinical Medical Real Estate Solutions, Clinical Advisory Group and Clinical Development. The Hackensack-based business announced its latest additions Nov. 13.

Darren Lizzack and Randy Horning will lead the medical properties segment as principals.

Team Lizzack-Horning helped bring Dentistry for Children to 7500 Bergenline Ave. The two-story, 7,200-square-foot medical office building sits in the town’s main thoroughfare. – PROVIDED BY NAI JAMES E. HANSON

Most recently with NAI James E. Hanson, Team Lizzack-Horning will serve health care-specific landlords and investors as leads of the new medical properties division, The Clinical Group said. Their current team member, Katie Alexander, also joins as client coordinator.

Established in 2014, the award-winning brokerage team has negotiated more than 200 office and health care leasing and sales transactions.

Last week, NAI Hanson announced Lizzack-Horning secured a 2,411-square-foot lease. The team represented the landlord in the deal will bring Dentistry for Children to North Bergen. According to that firm, over the past 30 months, the team closed 91 real estate sales and leasing transactions. The deals total more than $45 million in value, NAI Hanson said.

Other prominent clients the team has worked with include Hackensack Meridian Health, Holy Name, St. Joseph’s Hospital, Hudson Regional Health, Fresenius, Fertility Institute of New Jersey, Bergen Ambulatory, Advanced Diagnostic Imaging, Skin & Laser Care of NJ and Eye Care Associates of New Jersey.

New opportunities

Welcoming the duo, The Clinical Group founder and CEO Jonathan Marks described them as two of the state’s most trusted and respected commercial real estate brokers — “especially in the health care sector.”

“This addition creates a major opportunity in the health care market for all our service lines, combining three of the Northeast’s leading medical real estate advisors with specialized medical market expertise and an extensive health care network as we expand in New Jersey, New York, Pennsylvania and beyond.”

Medical real estate and health care advisory The Clinical Group serves physicians, medical groups, hospitals and investors. It operates with a strong focus on data analytics and tech enablement.

Marks detailed the start of his venture to NJBIZ in April.

 

“I think that the traditional model has always been broker-led and dealing with the executives and operations. Having a specialized team that is very service-oriented about streamlining their operations and portfolio versus solely on the real estate is beneficial to the physicians, medical group, hospitals,” Marks said at the time. “And having this specialization and the best team on the field is really going to help to streamline that, reduce cost, mitigate risk, and put them in the best position to … operate their facilities and provide world-class services to their patients.”

In May, Michael Swanson also joined the team from CBRE.

“The move to The Clinical Group as a fully integrated platform, along with the launch of a new tech-enabled website to service the medical properties market, enhances our ability to provide services to our clients,” Lizzack and Horning said. “We have already seen the power of the platform in new opportunities for us and solutions provided by the team.”