Corporate Real Estate

Enterprises spend between two and six percent of their revenue on real estate and related services — a cost that contributes very little strategic value to the service of clients or the development of new products and services.

Internal corporate real estate functions often seek opportunities to reduce the overall costs and maximize the variability of their facilities-related operations. Significant year-over-year value and sustained competitive advantage can be realized through realigning and/or outsourcing non-core activities related to the management of physical locations:

  • Reduce the cost of space and facility-related services beyond what could be achieved with internal resources through greater sophistication in provisioning and capacity management
  • Consolidate real estate operations to relieve the challenge of maintaining staff, methodology and tools not central to the core business
  • Standardize global best practices throughout the facilities life cycle
    • Drives down cost through operating efficiencies
    • Increases occupancy for improved asset utilization thus freeing up capital and cash flow
    • Delivers a consistent environment for employees and customers across the corporation

As no single service provider dominates all real estate service lines or all global geographies, TPI observes trends toward an expansion of service lines to provide complete life-of asset solutions, a consolidation of service providers, and a focus on gaining large multi-national annuity clients through more sophisticated services.

Following are our Corporate Real Estate advisory service offerings:

TPI offers strategic consulting services related to the review and optimization of corporate facilities. We bring a strategic perspective that is grounded in operational realties to enable our clients to install organizational, process and relationship management models for effective management of facilities.

Our Corporate Real Estate Advisory assignments vary from highly customized strategic assessments to focused operational and process improvement initiatives. We are unique in that we bring an integrated approach to our clients — always seeking practical opportunities for sustained improvements. This approach blends strategic thinking with practical, operational know-how.

We guide you through the consideration of alternatives for:

  • Property management staffing
  • Accounting & financial reporting for lease administration, facilities expense tracking and reporting, cross-charge preparation, tenant and landlord representation, and property tax administration
  • Either purchasing and invoicing, or acting as an agent in the procurement processes and systems for items such as cleaning services and supplies, landscaping, security and catering

For more information, contact:

corprealestate@tpi.net