SAN JOSE, CA—As corporate America deals with the changing dynamics in the economy and at the workplace, an age-old truism still exists: Following human resources, real estate represents a company’s largest investment. That is according to Robin Weckesser, managing principal of project management at Cresa San Jose.

“Looking at ways to cut costs, companies often turn to experienced real estate service providers to help them negotiate favorable lease terms.” But beyond rent savings, Weckesser says, “companies often overlook the fact that they can realize even more significant savings—sometimes more than $1 million—if they think strategically and adopt a “project-centric” rather than a “transaction-centric” approach.

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