Healthcare Trust of America, Inc., the largest dedicated owner and operator of medical office buildings in the United States, announced it had completed its addition of the Duke Realty’s (“Duke”) Healthcare development and construction platform. This best-in-class development platform, to be renamed HTA-Development, has been responsible for over $1.0 billion in medical real estate development over the last 10 years. The team has a history of working with established healthcare relationships and was recently ranked as the No. 1 developer of outpatient medical based on a joint survey by Revista and HREI.
As part of this transition, HTA also announced the appointment of Keith Konkoli to the newly created position of Executive Vice President – Development. Mr. Konkoli will be responsible for HTA -Development’s national development and construction activities and will lead the team of 15 experienced development and construction professionals who will be joining HTA from Duke and have specific expertise in healthcare real estate.
“Healthcare Trust of America is the leader in medical office buildings in the United States. The addition of the HTA – Development team creates a full service entity that can consistently provide real estate solutions for healthcare providers with efficiencies of scale and other synergies that will benefit our tenants and shareholders for years to come,” said Chairman and Chief Executive Officer Scott D. Peters. “We are committed to maintaining a leadership team that will take us to the next level, and are pleased to have Keith as an integral part of our team as we pursue these growth opportunities.
“I am extremely excited about my new appointment and being part of the largest dedicated owner and operator of medical office buildings in the county,” said Executive Vice President, Keith Konkoli. “This is a great opportunity for me and the development and construction team to create value within this established organization that is focused exclusively on growing a first class medical office portfolio that is well aligned with world class healthcare providers.”
Konkoli has 28 years of development and construction experience, predominantly in the healthcare real estate industry, which include extensive experience in ground-up development, redevelopment and expansion projects. Formerly, Konkoli spent more than 19 years at Duke Realty, most recently as the Executive Vice President of Duke Realty Healthcare. Konkoli received his bachelor’s degree in business from Baldwin-Wallace University.