Dr. Margaret Latshaw, Started the class with introductions to JE Dunn (multi-billion dollar construction company) who shared their process of deciding where they were to put their corporate headquarters. Terry Dunn was accompanied by Greg Nook. They told the candid challenging story of their four year process step by step. They made some valuable observations about the real estate process.
Dr. Latshaw's personal experience working with Sprint, H&R Block and Bank of America has proven valuable in her design of this course. After JE Dunn's presentation, Margaret shared a academic discussion of corporate real estate based on our assigned readings, followed by a visit by Wayne Mathison who ran a 300 person corporate real estate department and is now a private consultant. We continued with a working lunch with Justin Chamberlain head of real estate from H & R Block and their retail portfolio. The challenges of opening up over 100 retail locations per month can be quite daunting. They outsource a large portion of their portfolio to Cassidy Turley and following Justin, we heard from Rich Etzkorn from Cassidy Turley who not only works with H&R Block but also is very involved with Edward Jones 12,000 locations around the country.
We'll close today with a review by me (Walt Clements) on some financial spreadsheets used to measure cost of occupancy that was introduced in our "on-line" sessions and then some presentation tips as the students prepare to make some presentations next month.
Holiday wishes to all.
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