Physicians Realty Trust Excellence in Diversity, Equity, and Inclusion CRE Insight Journal Awards

DOC’s core values are centered around the acronym C.A.R.E. (Collaborate and Communicate, Act with Integrity, Respect the Relationship, and Execute Consistently). These values have been instrumental in further developing and enhancing DOC’s DEI initiatives and have impacted each member of the DOC family.

Strategies implemented by the company have included enhanced career development support for employees; ensuring equitable compensation and benefits; and intentionally creating an inclusive culture.

Impacting Communities

Physicians Realty Trust (NYSE: DOC) received the 2022 Excellence in Diversity, Equity, and Inclusion (DEI) Award from CRE Insight Journal. The award recognizes a real estate company that has displayed excellence in fostering DEI within its organization. Headquartered in Milwaukee, Wisconsin, Physicians Realty Trust is a real estate investment trust founded in 2013. It manages approximately 290 properties across 36 states and has invested in DEI through its DEI Council.

Building From The Ground Up

Physicians Realty Trust’s DEI Council was created in 2019 and is responsible for setting diversity, equity, and inclusion goals for the company; developing educational programs planning activities to promote DEI; and cultivating a culture of fairness and respect for all members of the company. The council is comprised of diverse members of the company, including individuals ranging from junior team members to executive leadership and the Board of Directors.

Physicians Realty Trust also developed three sub-committees for its DEI Council focused on the themes of Attract, Include, and Support. Attract prioritizes strategies for attracting and retaining top talent through a diverse and inclusive workforce. Include fosters the intentional inclusion of diverse voices and backgrounds at all company meetings and events while sharing the unique stories and experiences of the team members. Support emphasizes education and awareness of DEI themes.

Physicians Realty Trust’s DEI efforts began with attracting and retaining top talent to build a diverse and inclusive workforce. The company’s DEI Council has also worked closely with their human resources team to develop a roadmap to recruit, retain, and support underrepresented populations.

Another key DEI initiative is the Supplier Diversity program. Through Physicians Realty Trust’s national portfolio, the company took the opportunity to lead with its values and partner with diverse businesses through its capital purchasing around the country.

Physicians Realty Trust also created a contract and supplier diversity manager position in 2021 and published three-year program goals for diversifying suppliers. Through the Supplier Diversity Program, the company plans to generate economic opportunities and create a positive impact within the communities it serves.

In further support of the communities Physicians Realty Trust serves, the company also committed financial resources to create a more diverse workforce pipeline within the health care real estate industry. In 2022, the company partnered with NAIOP Wisconsin and Marquette University to support the MKE CRE Summer Program.

Through top-down investments in DEI, national support in diversifying contractor pools, development of a diverse workforce pipeline, the creation and maintenance of an internal DEI network for educational content and events, and working to elevate opportunities for underrepresented groups within commercial real estate, Physicians Realty Trust has received the 2022 Excellence in Diversity, Equity, and Inclusion (DEI) Award from CRE Insight Journal.

Learn more about Phsyicians Realty Trust’s AwardWinning initiatives on CREInsightJournal.com