Austin Technology Council Best Practices : "Office Space: Reducing Your Cost During a Recession and Green Solutions"
Controlling your real estate expenses may be one of the few areas where your company could benefit during a recession. In today’s economy, companies are heading into a tenant-friendly commercial real estate market.
This is good news for companies looking to move, expand, or reduce costs in the next 18 to 24 months considering office space is traditionally the second most expensive line item for many companies (next to employees). The key to reducing real estate costs is determining what you need to know to take advantage of a buyer's market and how you go about implementing strategies to affect your bottom line.
Whether you are a first time tenant, positioning for growth, or looking to cut costs there are several other critical factors to consider beyond rent. On June 25th, a panel of experts will discuss the top 5 principles every company needs to know before signing an office lease as well as:
*Commercial real estate trends for both the Austin and national market and how this affects Austin companies
*Key strategies for finding commercial real estate in a declining rent market
*Positioning your company for growth while minimizing costs
*Cost saving efficiencies you can control
*Green solutions you can implement to reduce your carbon footprint and improve office productivity
Please join us June 25th for our next CXO Best Practices Session to learn more about real estate trends and forecasts for the Austin market, required compliances, and steps you can take to "green" your company and reduce costs. Please register online or send an email to Soozie Selfridge at email@example.com if you will be able to join us on June 25, 2008.
Volney Campbell, Co-Managing Partner, HPI Corporate Services
John Hanley, Principal, Commercial Real Estate Solutions
Eric Herron, Shareholder, Sixth River Architects
Brent Jones, Principal, American Realty
Moderated By: Kevin Granger, Senior Vice President, Aspen Properties
Austin Country Club, 4408 Long Champ Dr., Austin, TX 78746
$15 ATC members, $25 non-members