Feb 29, 2012

Strategic Planning For Your Next Corporate Real Estate Relocation Project

By Don Catalano

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Strategic_CRE_Relocation

The last few years, more than any time in recent history, have been all about cutting costs, reducing expenses and maximizing efficiency. Many components will help you and your business achieve these goals, such as maximizing productivity, having excellent teams in place and good strategic planning. In most cases all these are all handled well, the only reoccurring exception is proper corporate real estate relocation strategy, which is far too often overlooked or forgotten.


The location of your business are of great importance, no matter if it's a retail, warehouse, or office location. In most cases they will decide who your clients, vendors, future business partners, and employees will be. Further, corporate real estate is often a company's 2nd or 3rd largest expense.  This is why optimization is the keyword, when it comes to corporate real estate. Taking current information into account, along with adequate statistics and inspecting future plans, in most cases can lead to hundred of thousands if not millions saved long term.

Naturally, there are a great deal of factors that should go into your decision making.  Among other things are, will you be keeping your current employees on board?  Where, relative to major streets and highways do you want your property located?  Where, relative to your customers, vendors, and employees do you wish to be located?  Considering the potentially hundreds of factors involved with any one decission, you may want to consider digitizing parts of the process to help with organization.

It may seem like a hassle to use up time and resources into strategically planning your next relocation, however it can trigger success in the long run. Be sure to contact professionals for assistance, who can inspect every decisive factor and suggest locations that are most likely to suit all your needs.

Other great CRE Strategy Articles:

Corporate Real Estate Strategy Tips

Commercial Real Estate Portfolio Consolidation Strategies

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Don Catalano

Don Catalano

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