Expert Insights
As commercial real estate firms face tighter margins, rising operating costs and evolving tenant expectations, “efficiency” has become the industry’s watchword. One strategy companies are turning to for both efficiency and agility is outsourcing key building functions to specialized partners.
Earlier this year, CBRE and CoreNet Global reported that 36% of CRE departments are expanding their outsourcing strategies.
Tom Larance, president and CEO of The Experience Group, an amenity management and tenant engagement firm, said that this signals a clear shift in how firms manage noncore services.
Click to learn more from Elizabeth Reyn, Studio B Writer
As commercial real estate firms face tighter margins, rising operating costs and evolving tenant expectations, “efficiency” has become the industry’s watchword. One strategy companies are turning to for both efficiency and agility is outsourcing key building functions to specialized partners.
Earlier this year, CBRE and CoreNet Global reported that 36% of CRE departments are expanding their outsourcing strategies.
Tom Larance, president and CEO of The Experience Group, an amenity management and tenant engagement firm, said that this signals a clear shift in how firms manage noncore services.
Click to learn more from Elizabeth Reyn, Studio B Writer
BGO, a leading global real estate investment manager, has completed an $8 million amenity center within its Class A, LEED® Gold certified office building at 200 W. Madison in Chicago. Designed by Gensler, the state-of-the-art amenity center has contributed to a surge in leasing activity at the building.
The Experience Group, as the operator and manager of the amenities, has played a key role in this success.
