SAN FRANCISCO—“Owners really want to be in on the leading edge of innovation.” That is according to Colliers International's Jim Osburn, who was recently named managing director of real estate management services for the brokerage firm's San Francisco office, as GlobeSt.com previously reported.
Osburn tells GlobeSt.com that owners understand that it is “not reasonable to expect values will continue to appreciate at current rates so they are really seeking to differentiate their buildings through service, amenities, energy efficiency, cost containment and space design.” And the tenants, he says, are responding in-kind, demanding flexible space design, amenities, connectivity and mobility.
“Owners are busy and are requiring more from their property managers such as LEED services, major renovation oversight and implementation of energy savings initiatives,” he tells GlobeSt.com. “There is a tremendous opportunity for real estate managers step up and fill in the gap between property management and ownership.”
To check out more from our exclusive conversation with Jim Osburn on his plans in his new role, agenda for 2015 and on regional challenges and economic drivers, check out our recent in depth Q&A by clicking here.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.