A Study of Corporate Real Estate Resource Management

Abstract

Corporate real estate resources have been estimated at over one quarter of the current market value of the total assets of major American corporations. This study, based upon interviews with corporate real estate executives, examines the current state of corporate real estate resource management practices. It found that while the dominant view of real estate continues to be a production factor within this sample of corporations, there has been significant growth of corporate real estate units. This has been accompanied by increased influence and more active real estate resource management.