There was a recent article about a company making a decision on whether or not to invest in more office space or to simply renew their current lease. The decision came down to the wire, and when a decision couldn’t be made there was only one thing they could come up with to do… ask a psychic.
So, in a time when organizations are trying to be as efficient with their money as possible this company leaves the decision up to a psychic?
What do you think the reaction would be if your boss or board asked you a question and you shook the Magic 8 ball to get the answer? You’d likely find yourself kicked to the curb. What they’re looking for is a clear, concise answer with the data that supports it.
When it comes to corporate real estate, you can employ solutions that assist you in managing your resources and collecting actual space utilization data, which supports upgrading to a larger space, staying put, or even making more of a smaller space. This type of solution doesn’t leave you guessing.
However, in some situations the term "real estate" refers to the land and fixtures together, as distinguished from "real property," referring to ownership of land and appurtenances, including anything of a permanent nature such as structures, trees, minerals, and the interest, benefits, and inherent rights thereof.
Posted by: Nursing pajamas | May 11, 2010 at 08:22 PM