Real Estate Roundtable: Issues & Questions for High-Performing Companies
Some directors think about their owned or leased real estate only as a means to conduct business—if they think about it at all. Directors in high-performing companies regularly challenge themselves to think about how the company is allocating all the resources at their disposal to influence growth for the organization. Are the right questions being asked in your boardroom?
Does your board know:
When to own vs. lease?
How flexible these arrangements should be?
Whether arbitrage opportunities exist in considering market values vs. financial statements?
What cost-saving strategies make sense for existing facilities?
What capacity plans are required for anticipated changes?
During this roundtable, we considered the questions and issues your directors and management must understand to uncover a strategic view of your company’s real estate.
Jim's broad range of experience comes from 30 years of work in many service fields in the commercial real estate industry. His primary activities involve client lease negotiation in the Minneapolis CBD, the crafting and implementation of strategic real estate plans for local and national organizations, and facilitating the development process for large or complicated corporate facilities. Well-known in the industry, Jim is often called upon by the media to provide perspective on economic trends and their impact on corporate real estate markets. Jim’s recent projects include office, industrial, and retail developments with leasing, development, and acquisition requirements.
Current Board Member:
• Portico Benefit Services
• Minneapolis Service Corp.
• Minneapolis Downtown Council
• Nat’l Advis. Bd: Gustavus Adolphus