Key Issues for Corporate Real Estate Management

In a recent interview with CoreNet Global, Carol Bonazza, the corporate real estate manager for Bridgestone-Firestone of Canada cited three key issues as dominating the corporate real estate management arena at this time. They are:

1. Outsourcing of functions and the management of those outsourcing relationships.

2. Risk management, including typical risks associated with siting and operations, and extraordinary risks related to such things as war, terrorism and (I will add "power blackouts").

3. Corporate infrastructure, which is how the company organizes and makes strategic decisions that involve facilities in any significant way.

These are key ones for economic developers to consider as they work to build new strategic relationships with companies in the future.