Real Estate Matters Co. Introduction For Pdf Q2 2012
1. Real Estate Matters
Cost Effective Solutions
How CFOs can save millions without impacting productivity or service.
Anthony D. Doar Q2/2012
2. Interoffice Memo
From: Company President and CEO
To: CFO, VP of Finance, VP of Real
Estate
SUBJECT: Cost savings initiatives
How do we reduce our real estate and facility
expenses without impacting service to our
customers and our employee work
environment?
I need you to pull out at least $1 per square
foot from our entire real estate portfolio.
ASAP.
Real Estate Matters
3. Before you can find the savings, you need to
have the answer to these two questions.
Do you know what your company’s real estate
and facilities portfolio cost per year?
How do you know?
Real Estate Matters
4. The source for finding out starts by asking
these questions.
•What specific building expenses are tracked?
•Do all entities across the organization use a standard chart of
accounts for facility expenses?
•Which department(s) create and manage the facility budget?
•How are metrics (cost per foot, cost per FTE) utilized?
•What is the process for tracking corrective maintenance costs?
Real Estate Matters
5. Where do you look for the answers?
They may fall under the following categories…
•Accounts payable •Vendor management
•Architectural design •Lease administration
•Brokerage transactions •Space utilization
•Budgeting •Metrics and standards
•Building Services •Contracts
Real Estate Matters
6. Whether your company uses 50,000, five
million or 50M square feet , you absolutely can
save money without impacting service to your
customers and your employee work environment.
Real Estate Matters
7. How would you answer this question?
“How are your company’s core business
objectives integrated with your real estate
requirements?”
Real Estate Matters
8. About the author
Tony Doar is a facility and corporate real estate executive with extensive
experience managing real estate portfolios of over 800 properties and 50
million SF. He has a proven track record of creating programs resulting in
millions of dollars in demonstrated savings. He built an organization from the
ground up that became an industry leader in facility operation best practices.
He’s an innovative problem solver with strong communication skills. Tony has
a BA in communications from Pacific University and his CFM from
Northeastern.
Corporate History
•CB Richard Ellis
•Comcast Corporation
•MediaOne
•AT&T Broadband
•Continental Cablevision
•Storer Communications
Real Estate Matters
9. Mr. Doar, with over 30 years of practical business experience,
includes amongst his areas of expertise:
•Contract management •Project leadership
•Customer and employee relations •Sales and marketing
•Extensive negotiation skills •Strategic planning
•Government and labor relations •Team building and development
•Operating and capital budgeting •Vendor/client management
•Performance Metrics •Owner/tenant relations
•CCMS Facility Applications •Facility management
Real Estate Matters
10. “Tony hired me to handle several assignments for Comcast. He was
respectful of our time, appreciative of our service and provided clear
direction for us to execute. As coordinator between the brokerage
professionals and user groups he maintained constant transparency on
both sides gaining everyone's respect and making the entire process an
excellent experience with a successful outcome.”
- Mitchell Arkin
Executive Director, Cushman & Wakefield
Real Estate Matters