Some directors think about their company's owned/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 and mitigate downturn risk for the organization.
Does your board know:
When to own vs. lease?
How flexible those arrangements should be?
Whether arbitrage opportunities exist in considering market values vs. financial statement value?
What cost-saving strategies make sense for existing facilities?
What capacity plans are required for anticipated changes?
Directors in high-performing companies engage in constructive inquiry. Are the right questions being asked in your boardroom? This roundtable addressed these topics and more.
This is a members/directors only event.
Seating is limited.
Thank you to our chapter sponsor, Cresa, for hosting this event.
Jim has more than 30 years of experience as a commercial real estate strategist. Clients come to him for help developing and implementing strategic real estate plans, including aggressive lease negotiation, detailed financial analysis, and expert project management. His clients have included start-up operations to Fortune 500 companies in office, industrial, and retail space. He has a specific expertise in the downtown Minneapolis central business district.
Jim is a board member of the Minneapolis Downtown Council. He is also on the board of Portico Benefit Services, and serves as chair of the audit committee and vice-chair of the investment committee. He is also former council president of the Westwood Lutheran Church. Past affiliations include serving as the board chair of the Lutheran Social Service of Minnesota and president of the City of Lakes Rotary Club. He also served as chair of Gustavus Adolphus College National Advisory Board.
He attended Gustavus Adolphus college and received a B.A. in Economics. He has an M.B.A. with a focus on Finance and Banking from the Carlson School of Management at the University of Minnesota.