CRE Outsourcing Saves Money, Increases Flexibility, and Improves Efficiency

No matter how big or how small your corporation is, corporate real estate (CRE) outsourcing is something you should seriously consider for several reasons, the most important being cost savings. After paying your employees, real estate occupancy costs are your biggest fixed expenditures. The way to reduce these costs – and increase efficiency in the handling of your holdings - is to choose a corporate real estate property management company experienced in your field, and aligned with your goals and values.

Things move fast in today’s complex and increasingly specialized world markets – industries and regulations can change or evolve in days, hours, even seconds. You need to keep a sharp and focused eye on your core business at all times. CRE outsourcing is one way to help you do this, while enjoying the many benefits it brings. Hand over administrative details such as lease renewals, new lease negotiations, lease restructuring, CAM audits, research functions, due diligence and related financial services to knowledgeable real estate property management professionals and confine your resources to core needs.

COST SAVINGS - It’s both fast and easy to see savings with CRE outsourcing. Your real estate management company is expert in its field, so it can quickly and easily negotiate better pricing on goods and services, reduce energy use, and locate opportunities to effectively consolidate offices when necessary.

LOWER TAXES - Outsourcing corporate real estate services allows businesses to take advantage of lower corporate tax rates and employee-related taxes as well as a number of other costs. Talk to your tax advisor to get the details of how your company can benefit.

BETTER CUSTOMER SERVICE – Why waste time and money training an in-house team when CRE professionals perform the same services more efficiently and for less money. Your CRE management company will know all the players as well as applicable rules and laws and will handle issues with professional accuracy. Even if it’s only partial outsourcing offsite by using technology, you’ll receive better results.

INCREASED FLEXIBILITY - With CRE outsourcing you’ll adapt more quickly to increased or decreased demand for retail, office, and industrial space. Corporations lower the risk of hiring, retaining and releasing employees with paid benefits by outsourcing for growth or downsizing periods – let your CRE management company handle all subleasing and assignment activities along with supporting documents and transactions.

IMPROVED EFFICIENCY – All of your people should be focused on core business functions. It would take months to recruit the personnel for an in-house department to handle your real estate management, not to mention the salaries and associated benefits for new employees, and costs for keeping them trained and updated on the latest trends. Outsource complex and basic CRE services to a corporate real estate management company and they’ll have everything expertly taken care off before your team’s even up to speed.

As you’ve seen, there are many benefits to outsourcing corporate real estate property management, and there are more we haven’t touched on. An expert partner in this field allows you to focus on your core business, save money, upgrade your customer service, makes your business more flexible, and increases efficiency. In selecting the right CRE property management partner, on board with your goals and values, you’ve greatly increased your potential for success!