Earning Power Goes Up for Corporate Real Estate

The corporate real estate (CRE) profession pays well, and more than it used to. That’s pretty much what we’ve been saying every year that we have compiled a compensation study for the profession with our partner FPL Associates.

But it’s true again, according to our most recent survey:

Eighty percent of participants received an increase in their base salary between 2016 and 2017. Additionally, 76 percent of participants expect to receive an increase between 2017 and 2018.

What do CRE executives earn by position and by geographic region? And what were the top perks? Look for the full webinar and press release of our study later this month.

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Hey Amazon, Why Don’t You Make The Decision For Your Second North American Headquarters With “One Click?”

That’s essentially the message in a Change.org petition supporting a non-aggression pact for Amazon’s campus, which is expected to deliver tens of thousands of jobs and billions of dollars in economic benefit for the jurisdiction that lands it.Read more

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We Interrupt this Disruption….

After binging the new season of your favorite show on Netflix, did you call an Uber to the airport, where you listened to your favorite Spotify playlist?Read more

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Outsourcing in Corporate Real Estate

Very often, a corporate real estate department will partner with a service provider so closely that the service provider’s employees are housed within the corporation on a near-permanent basis.Read more

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Is A High Tech, Big Brand Corporate Campus Coming Your Way?

In alphabetical order, these are the 20 cities still in contention to be home to Amazon’s second North American headquarters, according to CNBC:

  • Atlanta
  • Austin, Texas
  • Boston
  • Chicago
  • Columbus, Ohio
  • Dallas
  • Denver
  • Indianapolis
  • Los Angeles
  • Miami
  • Montgomery County, Md.
  • Nashville, Tenn.
  • Newark, N.J.
  • New York City
  • Northern Virginia
  • Philadelphia
  • Pittsburgh
  • Raleigh, N.C.
  • Toronto
  • Washington, D.C.

If your city is not on the above list, there is still hope a tech giant could be headed your way. Apple announced that is building a new campus somewhere in the U.S. that would house 20,000 people.

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AI is Here, But What Does It Mean for People, And for Jobs?

Artificial intelligence, or AI, is no longer a concept of the future as it is very much in the present. Do you have an Amazon Echo or an iPhone with Siri or a Google Home device? You are using artificial intelligence.Read more

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Real Estate Trending Down in Singapore, But Poised For a Comeback

In roughly two months, CoreNet Global will once again hold a global summit of corporate real estate executives in Singapore. Our Asia-Pacific summits are always a fascinating window into real estate trends throughout Asia, and in Singapore we’ll get an upclose look at this small country, which is a center of commerce for the continent.Read more

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Revisiting NAFTA

Speculation is increasing that President Trump will seek to pull the U.S. out of NAFTA, The North American Free Trade Agreement that was created in 1994.Read more

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What is the Smart Corporate Real Estate Play in China?

If there’s one thing that’s true about China, it’s probably that it’s about to change. China, led by a communist regime, has one of the largest and fastest growing economies in the world.

A new CoreNet Global whitepaper, Corporate Real Estate Strategies Shift in Maturing Marketplace, explores the most up to date strategies for corporate real estate executives who want to establish and/or grow their companies’ presence in China.Read more

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Alexa, Show Me What Our New Sales Center Would Look Like

For several years, attendees of the CoreNet Global summits around the world have been trying on virtual reality and augmented reality devices that replicate building sites, plans, and concepts. Walk from the parking lot to the sales center, view the green roof from above and compare various interior layout concepts – all without leaving the CoreNet Global Innovation Pavilion.Read more

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Are Remote Workers More Productive?

We suppose there will be no end to the debate on whether it is best to work from home, a co-working space, the office,  a coffee shop or a somewhere on a  tropical beach. And there may be no definitive answer, as all corporate cultures and individuals are unique.Read more

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The New Tax Plan And Corporate Real Estate

A U.S. tax system overhaul could work out well for investors in commercial real estate, according to a new analysis from Bloomberg.

“U.S. commercial real estate is a likely winner in the evolving Republican tax overhaul, which is poised to lower rates for property owners and spur new investment,” according to the article. Read more

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