CHICAGO—Corporate real estate used to be about facilities management, but in the past few years C-suite executives have started to look for CRE specialists that can transform how their employees interact with the built environment, boost productivity as well as save on operational costs.
“There is a real appreciation for data and analytics,” Maureen Ehrenberg, executive managing director of JLL's global integrated facilities management business, tells GlobeSt.com. That's a big change from just a few years ago when “there was a real focus on the physical assets.”
As a result, rather than operating within a silo, CRE executives are increasingly expected to work alongside other professionals from human resources and information technology and create systems that track how well a company's facilities help achieve overall business goals by attracting and retaining talent, essentially becoming management consultants rather than the old property management model. “A few years ago, you never saw that convergence.”
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