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How to turn uncertainty into a corporate real estate opportunity
Corporate Real Estate Journal,
11
(3),
224-233
(2022)
Abstract
This paper reveals how companies can use their corporate real estate (CRE) to emerge as a winner post-pandemic. Readers will learn how to leverage the lessons learned during the largest work-fromhome experiment ever conducted; how to win the talent war as it intensifies; and how to capitalise on an extraordinary opportunity to compete, along with which companies are ideally poised to do so. Additionally, readers will be exposed to some of the trends emerging in lease negotiations for CRE leases, including lease terms, force majeure clauses, termination options, renewal options, standardisation of acceptable lease terms, reliable lease data, and how key performance indicators are being utilised.
Keywords: pandemic; lease data; trends; lease terms; lease trends; work from home
The full article is available to subscribers to the journal.
Author's Biography
Carrie S. Holstead is the Chairman Emeritus of ITRA Global, a consulting organisation that has provided corporate real estate advisory services to users of corporate space in more than 300 markets around the world. She is also a multi-award-winning leader in tenant representation, author and speaker based in Pittsburgh, Pennsylvania.
John S. Rice is the Founder and President of Quarem, a leading cloud-based provider of commercial real estate portfolio/lease administration software based in Houston, Texas. He has published multiple white papers on CRE lease management, been featured in many trade publications, and is a frequent speaker at industry conventions throughout North America.
