Over the past 10 years the full impact of technology on office utilization has taken hold, shrinking occupancy. Businesses have seized the advantage of digital efficiencies, remote staffing, eliminating the law library, and a host of new paradigms that equate to less office space. I recently stumbled on the newest and most interesting changes that will impact our streetscape and shrink occupancy as global banking institutions rollout video tellers.
Barclays has been piloting video tellers, mortgage consultants, and other banking services for customers who will now be able to reach their teller 24 hours a day using a mobile app or interacting on the Banks website. Barclays has shrunk branches in the UK from 2,000 a decade ago to 1,362 today, and the numbers are heading south. Video tellers will not eliminate banking branches, but they will, for sure, reduce the corner bank by at least 50%, not to mention the reduction in staffing as the efficiencies of this technology take hold.
Stay tuned, this is big news, ushering in a whole new opportunity for fledgling actors as they find themselves in video teller pods somewhere in Kansas.
Job Listings
THE MICHAELS ORGANIZATION
Asset Management Analyst
(MARLTON, NJ) Duties include: gathering and analyzing various documents and developing financial models to reposition existing assets, valuing potential acquisitions, coordinating due diligence requirements as well as all aspects of the disposition of assets.
THE RICHMAN GROUP
Interior Design Manager
(WEST PALM BEACH, FL) Manager will be responsible for coordinating the efforts of the contracted Interior Design Consultants so they may achieve timely completion of high quality product within the interior and exterior common areas of newly constructed or rehabilitated multifamily communities.
SELECTLEADERS
Property Manager/Executive Assistant
(NEW YORK, NY) Our client is a commercial real estate Management/Brokerage Company seeking a Property Manager/Executive Assistant to assist the CEO and sales personnel. Duties include overseeing and managing the day-to-day operations of properties including all phases of maintenance, grounds, and on-site equipment through the direct supervision of inside or outside contractors.
JLL
Business Development Associate
(SAN FRANCISCO, CA) Associate will be responsible for identifying prospective HQ clients with more than 500 employees in San Francisco and setting up meetings for JLL's HQ Team Leader. Candidate must become fluent with JLL's integrated commercial real estate platform and the workplace needs of large office tenants in San Francisco.
PRUDENTIAL
Business Manager, Investments Administration
(MADISON, NJ) Manager will design and implement business operating policies, processes, and long-term strategies to improve quality, increase automation, manage risk, and enhance client service; partner with functional leadership including risk management, legal, finance, and systems to move initiatives forward, identify potential obstacles, and resolve key issues; and provide project management support related to global business initiatives commissioned by PGIM Real Estate's Global Management Committee.
CHARLES SCHWAB
Director, Corporate Real Estate & Workplace Planning Strategy
(LONE TREE, CO) Director will be responsible for forecasting the firm's space requirements across regional centers. Position will interface with business leaders to understand future plans, and work with partners in Finance and HR to gather information in support of developing recommendations for the firm's real estate expansion/contraction.
FOULGER-PRATT
Development Associate
(POTOMAC, MD) Development Associate will be responsible for working with the Development Team to represent Foulger-Pratt during procurement, pre-development, contract negotiations, entitlement, design, financing, marketing, construction and project turnover.
ABS PARTNERS REAL ESTATE
Commercial Leasing & Sales
(NEW YORK, NY) Position is commission only, but new hires will be placed on a team with an existing book of business and deal flow. Candidates will be required to service existing accounts and bring in new business through canvassing, networking, cold calling and in more general terms, relationship building.
Over the past 10 years the full impact of technology on office utilization has taken hold, shrinking occupancy. Businesses have seized the advantage of digital efficiencies, remote staffing, eliminating the law library, and a host of new paradigms that equate to less office space. I recently stumbled on the newest and most interesting changes that will impact our streetscape and shrink occupancy as global banking institutions rollout video tellers.
Stay tuned, this is big news, ushering in a whole new opportunity for fledgling actors as they find themselves in video teller pods somewhere in Kansas.
Job Listings
THE MICHAELS ORGANIZATION
Asset Management Analyst
(MARLTON, NJ) Duties include: gathering and analyzing various documents and developing financial models to reposition existing assets, valuing potential acquisitions, coordinating due diligence requirements as well as all aspects of the disposition of assets.
THE RICHMAN GROUP
Interior Design Manager
(WEST PALM BEACH, FL) Manager will be responsible for coordinating the efforts of the contracted Interior Design Consultants so they may achieve timely completion of high quality product within the interior and exterior common areas of newly constructed or rehabilitated multifamily communities.
SELECTLEADERS
Property Manager/Executive Assistant
(
JLL
Business Development Associate
(SAN FRANCISCO, CA) Associate will be responsible for identifying prospective HQ clients with more than 500 employees in San Francisco and setting up meetings for JLL's HQ Team Leader. Candidate must become fluent with JLL's integrated commercial real estate platform and the workplace needs of large office tenants in San Francisco.
PRUDENTIAL
Business Manager, Investments Administration
(MADISON, NJ) Manager will design and implement business operating policies, processes, and long-term strategies to improve quality, increase automation, manage risk, and enhance client service; partner with functional leadership including risk management, legal, finance, and systems to move initiatives forward, identify potential obstacles, and resolve key issues; and provide project management support related to global business initiatives commissioned by PGIM Real Estate's Global Management Committee.
Director, Corporate Real Estate & Workplace Planning Strategy
(LONE TREE, CO) Director will be responsible for forecasting the firm's space requirements across regional centers. Position will interface with business leaders to understand future plans, and work with partners in Finance and HR to gather information in support of developing recommendations for the firm's real estate expansion/contraction.
FOULGER-PRATT
Development Associate
(POTOMAC, MD) Development Associate will be responsible for working with the Development Team to represent Foulger-Pratt during procurement, pre-development, contract negotiations, entitlement, design, financing, marketing, construction and project turnover.
ABS PARTNERS REAL ESTATE
Commercial Leasing & Sales
(
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Anthony J. LoPinto
Tony LoPinto is the Global Sector Leader of Korn Ferry’s Real Estate Practice and founder of SelectLeaders. For the past 18 years LoPinto has been serving his clients with deep knowledge and perspective on talent needs and organizational challenges to public and private companies – knowledge gained from a 25-year career in real estate. Prior to his current position, he founded and served as chief executive officer of a boutique real estate executive search firm, where he oversaw offices in New York, Chicago, Washington, DC, San Francisco and Los Angeles. He has successfully led several high profile search engagements for chief executive officers, directors and a wide-range of executive level positions across all industries and sectors. He earned a Bachelor of Arts degree in European history from Loyola University in Chicago.
