Helping leverage your real estate to support your mission
Government entities face the same pressures as public and private companies: deliver more services while using fewer resources. This means exploring new ways to extract value from government real estate assets while lowering costs and improving cash flow. Our team of government real estate experts can assist you in understanding and leveraging the value of your real property.
We can help align your real estate strategy with your overall mission by providing services across the complete lifecycle of real assets. Specializing in strategic portfolio analysis, brokerage, facility and project management, and public-private partnerships, we understand the politics, complex laws, regulations and policies that affect government real estate.
Six Steps Government Entities Can Take to Optimize Their Real Estate Portfolios and
Tighten Belts
As we enter 2012, government entities are looking to reduce operating, maintenance, and energy expenses from disposals or other cost saving initiatives. State and local governments in particular, which have experienced more than $425 billion in budget short falls since the start of the recession are now imposing across-the-board spending cuts, including cuts to core services, while at the same time looking at alternative forms of financing and efficiency gains that can be employed by leveraging strategic use of commercial real estate.
Based on an assessment of government real estate portfolios, Jones Lang LaSalle offers three recommendations for cutting costs and three for leveraging alternative financing options in the New Year.
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Civilian Property and Realignment Act
Jones Lang LaSalle brings you the public sector pulse on the Civilian Property and Realignment Act (CPRA). The CPRA seeks a more formal decision process around the consolidation, reconfiguration, lease and sale of Federal Government property. What does all this mean for public sector real estate?
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