7
May
By Robert Hess – Newmark Knight Frank Global Corporate Services
In the past four weeks I have had the unbelievable fortune of meeting with some of the country’s leading organizations as they consider major expansions and change events in their real estate portfolios. I have had the chance to meet their executive teams Read More
3
Apr
By Robert Hess – Newmark Knight Frank Global Corporate Services
I was recently asked to participate on a panel at the Loyola School of Business in Chicago. The topic was “The Cooling Climate in China – Are Manufacturing Jobs on the Brink of an American Revolution”. My fellow panelists were very experienced supply chain executives who have had operations in China for over a decade – and they travel there monthly. The questions posed by the audience and the panel moderator fell into the following categories: Read More
29
Feb
By Robert Hess – Newmark Knight Frank Global Corporate Services
Companies really struggle with the issue of group moves, carve-outs, business mobility and other derivations and permutations of what they should do, where they should do it and how. The economy is expanding again (albeit slowly) and deployment of talent, resources and accessing new demand-side channels and markets is top-of-mind with COOs and business unit leaders. But these leaders still struggle with this issue of whether they should stay or go. Why? Consider the huge potential ramifications of these types of decisions:
22
Feb
By Alan Nager – Newmark Knight Frank Global Corporate Services
I just attended a Master in Corporate Real Estate class on Portfolio Realignment. The class was excellent and one of the topics that caught my interest was Organizational Risk pertaining to real estate. The list of potential risk elements was extensive, including everything from scheduling delays to cost over-runs. However, I noticed one glaring omission from the list: headcount. I did a little more research and found that headcount is seldom a risk category that’s mentioned in the corporate real estate (CRE) community.
27
Jan
By Michael Ippolito – Newmark Knight Frank Global Corporate Services
The decision-making process is critical for companies; not only for CRE organizations, but across the board for every business unit. How companies and organizations make decisions plays a key role in successful operational and financial outcomes, from improved productivity to increased profits. I’m fascinated by the process.
8
Dec
By Michael Ippolito – Newmark Knight Frank Global Corporate Services
Governance is a concept that’s increasingly discussed in various CRE circles today. In my travels recently in Europe, I found myself engaged in conversation about this very topic. It’s clearly an important element for CRE professionals, especially as service providers are being called upon to be more involved at different, higher levels of a client’s business.
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5
Oct
By Robert Hess – Newmark Knight Frank Global Corporate Services
I had been riding my bike to the health club on the same roads and pathways for the last five years and I finally had it – it takes me way out of the way and time is precious! So today I rode to the back of the health club building (and it was daunting) and found a small path through the chain link fence that saved me tons of time and was also safer (off the heavy traffic roads).
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12
Sep
By Alan Nager – Newmark Knight Frank Global Corporate Services
There is a lot of talk in our industry about changing the focus of Corporate Real Estate (CRE) from cost to value. The entire concept of occupancy cost stems from a cost-centric model. Our current cost metrics include rent, facility operating costs (utilities, taxes, etc.), and the delivery of services like mail, cafeteria, security and more. Cost-based occupancy metrics are highest in leased central business district office space that support traditional office functions. This environment is typically where CRE is perceived to add the most “value” because that’s where management resides and where rents are highest.
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14
Jul
By Alan Nager – Newmark Knight Frank Global Corporate Services
I’ve noticed that lately Corporate Real Estate (CRE) seems to have different organizational parents. Originally, CRE was borne of the finance organization, when the C-Suite realized the size of the CRE annual spend. But lately I’ve noticed CRE reporting to HR or IT. Why is that?
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5
Jul
By Robert Hess – Newmark Knight Frank Global Corporate Services
“Leading in a Reset Economy and Uncertain World” – this was the title of the leadership conference I recently attended at the Wharton Center for Leadership and Change Management in Philadelphia. The speakers and presenters included:
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