<< Return to news list
For Immediate Release
MOHR PARTNERS SIGNS MEADOWBROOK INSURANCE GROUP AS PORTFOLIO CLIENT
Wednesday, April 07, 2010
Mohr Partners Inc., an international corporate real estate advisor, announces the signing of Meadowbrook Insurance Group as its newest portfolio client. Meadowbrook (NYSE:MIG), based in Southfield, MI, is a specialty insurance underwriter and insurance administration services company with facilities located across the United States. Meadowbrook includes several agencies, claims and loss prevention facilities, self-insured management organizations and seven property and casualty insurance underwriting companies, including one in Bermuda.
Mohr Partners will exclusively manage all transactions for real estate operations for a portfolio totaling over two dozen facilities across the United States and three hundred thousand square feet of space. Eric Beichler, Managing Partner with Mohr Partners, secured the partnership.
"Meadowbrook Insurance Group is an excellent insurance account to add to our client base, and we are pleased to have been selected to manage their real estate portfolio," said Beichler. "Meadowbrook is a highly regarded company with a 50 year history. The insurance industry is a major cornerstone of the global economy, and represents one of many vertical segments for which Mohr has developed great expertise in servicing. We will work to streamline their real estate portfolio through our unique service model."
"We are excited to announce the addition of Meadowbrook Insurance Group to our growing roster of portfolio clients," said Ted Fredericks, President of Mohr Partners. "We have extensive experience with the insurance industry and the factors that drive their business, as our current insurance clients will attest. We look forward to partnering with Meadowbrook to optimize their real estate, allowing them to focus exclusively on their business."
"Meadowbrook was interested in partnering with a national firm that knows the market and the desired 'look and feel' of all of our offices," said Kelly Freeman, Assistant General Counsel with Meadowbrook. "Mohr is helping us to create a more efficient lease management system, organizing our portfolio and providing strategy across the portfolio. Mohr will greatly assist by narrowing locations and assuming communications with potential landlords, allowing our regional vice presidents to focus on business instead of finding new space. Mohr will help Meadowbrook to be proactive in the market by renegotiating existing leases for longer terms at better rates that will result in cost savings. Mohr is a firm that can do it all."
Meadowbrook selected Mohr as a partner to establish a streamlined real estate process consolidating real estate functions through a centralized operation for lease administration and management at the corporate level. Mohr will provide Meadowbrook with strategic advisory services, lease administration capabilities, project management services and exclusive tenant advocacy through a "single-point of contact" approach.
Headquartered in Southfield, MI, Meadowbrook primarily focuses on specialty program business and risk management solutions for agents, professional and trade associations, pools, trusts and small to medium-sized insureds. The Mohr team worked with Kelly Freeman, Assistant General Counsel, and James Mahoney, Senior Vice President with Meadowbrook.
Mohr Partners Inc. is an international corporate real estate services, advisory and consulting firm with 15 U.S. offices, providing corporate tenants with portfolio services including strategic planning, portfolio / lease administration, research and site selection, project and construction management, comprehensive demographics analysis and economic incentives negotiations. Since 1986, Mohr Partners has been managing real estate portfolios for corporations and completes in excess of 2,500 transactions each year for its clients, managing transactions in all 50 U.S. states, all provinces of Canada and locations around the world. Through its Joint Venture partnership with AsiaPac International, Mohr Partners seamlessly provides corporate real estate services globally in over 42 offices worldwide servicing 71 countries. For more information on Mohr Partners please visit:
www.mohrpartners.com.
About Meadowbrook Insurance Group:
Meadowbrook Insurance Group, Inc. (NYSE:MIG), based in Southfield, MI, is a leader in the specialty program management market. Meadowbrook includes several agencies, claims and loss prevention facilities, self-insured management organizations and seven property and casualty insurance underwriting companies, including one in Bermuda. Meadowbrook is a risk management organization, specializing in specialty risk management solutions for agents, professional and trade associations, and small to medium-sized insureds. For further information, please visit Meadowbrook's corporate web site at
www.meadowbrook.com.
<< Return to news list