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A company’s real estate portfolio is often one of its biggest expenses. Leasing out office space isn’t cheap, no matter where you operate. To save money and cut down on costs, many companies try to have internal staff manage their real estate holdings. While this may be a realistic option if you operate in only a few locations, any more than that and it can quickly become too difficult to manage. Not to mention, CRE management takes time away from your employee’s primary responsibilities and can significantly disrupt their daily work. Outsourcing those responsibilities to a commercial real estate leasing…
Need New Office Space? 5 Things to Ask a Commercial Real Estate Broker
Wednesday, 31 March 2021 09:05 Navigating the complexities of commercial real estate can be overwhelming. You can make the process more manageable by working with an experienced commercial real estate broker. With a CRE expert on your side, they’ll help ensure you make informed and strategic decisions when buying, selling, or leasing commercial properties. Here at Lavoro Consulting, we partner with some of the top brokers in the business to ensure you’re getting the best bang for your buck.
Depending on the size and scope of your business, you could operate in a few office spaces or dozens of locations. While it might be possible for someone on your internal team to manage a few properties, any more than that and it will interfere with their ability to complete day-to-day tasks. Managing a geographically diverse real estate portfolio requires an in-depth understanding of the complexities and nuances of each individual property. This can be challenging for even the most experienced real estate professionals. And often, many companies cannot house a team that's well-equipped to effectively manage all of their…