Ron Pressman, President & CEO of GE Capital Real Estate, shares his insights on managing corporate real estate in a downturn. The National Real Estate Investor Online — which ran a headline article about Sustainability Roundtable, Inc. — shared Pressman’s white paper.
Pressman briefly outlines GE’s focus on the “basics” as they strive to create value in their portfolio. He notes that, despite the market, there is a “renewed emphasis on capital expenditures” that attract tenants. One capital expenditure that is attracting top tenants in the industry is a “green”, sustainable expenditure. Members of the Sustainable Corporate Real Estate Roundtable are finding ways to “green” their portfolios via both their capital and operating budgets in order to maintain the value of their portfolios and retain top tenants
Check out Pressman’s full white paper at: http://nreionline.com/research/nrei-ge-capital-real-estate.pdf.