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August 18, 2015

The Five Fundamentals of CRE

  1. Location – Where your buildings are matter.  This influences every fundamental below it.
  2. Workforce – Who is working for you directly impacts your business.  Your workforce is most immediately impacted by where your offices are (unless you’ve gone completely remote workforce which is still a real estate decision).
  3. Revenue – To sell products you have to have a presence (even if it is simply a distribution network).
  4. Diversity – It matters in multiple ways.  Diversity of your workforce, diversity in your time zones, diversity in types of locations, diversity in market risk.  Diversify your real estate.
  5. Sustainability – It doesn’t have to mean reducing carbon emissions but that is part of it.  Your CRE Strategy should be self-sustainable as markets cycle up and down and your business changes.

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