What Every Leader Should Know About Corporate Real Estate

Perception is finally changing! Corporate real estate is not merely an operating necessity; it’s a strategic resource. It affects everyone – customers, employees, investors, regulators. Real estate is not easy to manage. In many organizations, real estate remains a reactive, second order staff function, focused on discrete projects and transactions rather than on the company’s…

What Corporate Leaders Expect from their Real Estate Team

ENABLE THE BUSINESS PLAN Develop and propose solutions proactively to build sustainable, trusted relationships with key business and functional stakeholders. It’s also an opportunity to add value consistently across the business cycle, rather than at the time of transactional or operational events.   DON’T LIMIT YOUR FOCUS TO FACILITIES & REAL ESTATE Instead, focus first…

Better Analytics for Corporate Real Estate

Historically, most corporations have analyzed the lease or purchase of office and warehouse space using standard financial analyses of the project’s direct impact on “bottom line” figures like net operating income or EBITDA. Cutting edge corporations today are applying better operational and quantitative views to determine the true impact on a broader and more meaningful…

Your Lease is Expiring in a “Hot” Market

The market pendulum has fully swung to “landlord favored” in the vast majority of markets in the USA and globally, and is likely to stay that way for several years to come. This shift, coupled with rising inflation (that will increase the cost of building operating expenses), means significant cost increases for corporations whether they…

Site Selection – A Moving Target

Every year, different industry groups, consultants and government entities publish their lists of “Top Locations for Business” (Cities, States & Countries). While the intent is good, and the methodology sound, there is significant fault in the findings and corporations should only use them as a comparative starting point. The data points are solid: Accessibility, cost…

7 Indicators That You Need to Audit Your Office Lease

Few areas hold as much impact on capital outlay as real estate and leasehold expenses. Ensuring that your company is not overpaying is integral to fiscal management. You know an audit is in order when you see:   SIGNIFICANT JUMPS IN OPERATING EXPENSES / ADDITIONAL RENT Performing a simple trend analysis of your year-to-year operating…

10 Strategies That Maximize Workspace Efficiency

Corporate leadership ranks “overall efficiency” as very high on their list of priorities. It’s not always directly related to corporate real estate, but it should be. When you tour one of your company’s facilities, it seems to be fairly efficient. What isn’t fully apparent are the significant gaps in utilization rates & overall efficiency created…