Strategic Planning Services

Next to payroll, real estate costs often rank as a corporation's second largest expense. Despite the financial magnitude of real estate, it has historically ranked at the low end of corporate concerns. Whether leased or owned, real estate represents a significant capital commitment. In addition, the location of a corporation's real estate, or more specifically, where it is doing business can greatly impact a company's labor cost, recruiting, transportation costs, accessibility to markets and materials, exchange of ideas, technology, and even a national and international image, to name but a few factors. Strategic Planning means that the corporation must stop viewing its real estate simply as an expensive, but necessary cost of doing business and start viewing it as a tool to support and build market share, customer services, product innovation, productivity, profit, and other corporate goals.

Pollina Corporate works with its clients to develop criteria necessary for the evaluation of the corporation's current real estate portfolio and to meet future operational requirements. Based on the criteria developed, Pollina Corporate and its client will prepare a real estate plan that will achieve the corporation's strategic objectives. Pollina Corporate can, for example, analyze, structure, and implement a strategic plan that may include any or all of the following:
Real estate assessments resulting from mergers and acquisitions
    • Consolidation vs. segregation of facilities
    • Highest and best-use assessments
    • State and local incentive negotiations
    • Lease vs. own analysis
    • Sale/Leasebacks
    • Acquisitions of new facilities
    • Divestiture of surplus facilities
    • Location analysis (least-cost location) including but not limited to:
    • Labor market
    • Transportation costs
    • Utility cost
    • Market access
    • Quality of life
    • Disaster risk