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Reducing your real estate cost can create an immediate and dramatic increase in profitability and an increases in financial efficiency and flexibility. This is particularly relevant in today’s increasingly competitive business for three reasons:
‘Voit reduced our operating costs by 29% and were able to negotiate critical expansion space without interruption to our business operations.’
Metropolitan West Capital Management
Many businesses fail to proactively manage their corporate real estate because they underestimate the business risk involved in not doing so, or don’t have the time or expertise.
Outsourcing corporate real estate management to a professional real estate consultant can be very beneficial. Doing so will ensure that occupancy costs are kept to a minimum and that the corporate real estate remains efficiently aligned with the business plan.
The cost of hiring a real estate broker is minimal and often pays for itself many times over. The process involves an understanding of the business’ real estate requirements and budget, investigating every option for reducing occupancy costs, determining the net occupancy cost savings of every option, and professionally executing a process to achieve the required results.
We’ve proven to typically reduce clients’ occupancy costs by up to 30% on service charge scrutiny, new leases, lease renegotiation and renewals and up to 100% on subleases and assignments. So, if you haven’t professionally and thoroughly reviewed your corporate real estate and occupancy costs, we’ll gladly provide a complimentary no-obligation consultation and occupancy cost audit to determine any options to quickly reduce your overhead.