Over the past two weeks, I wrote 7 parts for what it takes to Create a Real Estate Program. For those that prefer their materials all in one place, this summary is for you. Here, for ease of reference, I will put together the links and key takeaways for those trying to build a program…
Tag: CRE
Creating a Real Estate Program [Part 6] – (Finally) Transitioning from planning to delivery
CONGRATULATIONS on your recently approved real estate program! Making it to this step means that you have an approved program to deliver. You have some targets to hit. You have big commitments to live up to for the next few years. You have a lot of eyes watching to see if you do what you…
Creating a Real Estate Program [Part 5] – It is time to get approval for the program (this may start going outside your control)
We are getting closer to having an approved program. The end of the approvals process is in sight! We will soon be allowed to do what we do best: deliver projects! It may feel like we have been selling the program for months already, but now is the time to sell the final program. You…
Creating a Real Estate Program [Part 4] – Iterating (over and over and over and….) your business case
It may feel like you have now gotten yourself to a point where your program feels real. Unfortunately, now is when the real work begins to ensure you have what you need for your program to be successful. Your draft business case has been reviewed and at least partially vetted by some key business leaders….
Creating a Real Estate Program [Part 3] – Crafting a business case from your forecasts
You now have the goals and framework of your program, along with several initial forecasts of what you could deliver within that program. Now, you have to start making commitments to what you can deliver. This leads into what I consider the most important part of building a program: creating the business case. It is…
Creating a Real Estate Program [Part 2] – Forecasting your opportunities (crystal ball not included)
Let’s talk about the building blocks of a real estate program: the potential projects. Across my experience, the best programs start by assuming every single site, lease, workplace, or real estate service could be a possible project. Every single location should go into the analysis bucket to be evaluated for what may be possible. Yes,…
Creating a Real Estate Program [Part 1] – Setting (realistic) goals for your program
The first step in any business program is identifying the rationale, goals, and time horizon you are working with. These will form the basis of all your decisions and reviews that come after this point. If you do not have a solid basis for why the program should exist, what it is meant to do,…
Creating a Real Estate Program [Intro]: A series of posts on what it takes to do it right.
Welcome friends and strangers to the first of seven posts on Creating a Real Estate Program. Over the past few months of conversations, I have heard a common refrain from real estate consultants, corporates, service providers, and technology companies: real estate occupiers have data, they know generally what needs to be done, they may even…
Why I love corporate real estate
It’s been almost two months since I started on a change in path and stood up 4th Spaces. In those two months, I have received one question more than any other: what do you like doing most? At first, it was a tough question to answer on the spot. There is so much that goes…
Power, Community, Empathy.
Welcome to 2025! This is the year we finally get a direction, figure out together where corporate real estate is going, and make a plan to get there! Or not. I’m not sure anymore to be honest what is going on. As I write this, it is nearing the end of January. Not even a…