The Leader - March/April 2009 - (Page 42) SEEING OPPORTUNITY IN THE DOWNTURN: JONES LANG LASALLE’S RICHARD MCBLAINE Most important, he is keeping his group focused on helping its clients, because he says that will help them win more and do better in the long run. McBlaine doesn’t foresee a dramatic redirection in existing trends. “Workplace strategies will stay, sustainability will stay, more expert management Impact on the Industry As we follow the twists and turns of the global economic crisis, there will almost certainly be changes in the way the business of corporate real estate is performed. McBlaine sees an acceleration in the adoption of recent trends like alternative workplace strategy and sustainability. “If you have put your toe in the water regarding alternative workplace strategies, and you are thinking how they can be employed because they allow you greater flexibility and provide a way to reduce your footprint, now is the time to move forward with getting creative and flexible,” he says. I believe this is an opportunity for the very talented CRE team members to rise up and demonstrate a ton of value for their companies. and higher degrees of financial and other analytics will stay,” he says. “And, the leaner CRE organizational model will stay. These are the trends that will help you navigate through times like this.” In the end, McBlaine sees a positive side to the downturn: Opportunity. “I believe this is an opportunity for the very talented CRE team members to rise up and demonstrate a ton of value for their companies,” McBlaine says. “Some companies are regrettably trying to work through very large amounts of surplus space and other portfolio difficulties and their CRE teams have the opportunity to rise to the occasion and really deliver. And that will hold them in good stead both as individuals and as part of the organization well after the recovery ultimately arrives.” Midwest Corporate Campus – Manufacturing / Distribution / Office • Developed for a Fortune 100 Company in 1997 • 1.5 million square feet of light manufacturing / distribution / office space with unparalleled infrastructure • Regional skilled workforce of over 5 million • Central U.S. location (Chicagoland area) with proximity to all major markets • Access to major highways; Airports (Rockford Airport, second largest UPS hub and O’Hare International Airport); Class I rail lines • Immediate occupancy at well below replacement cost www.MidwestCorporateCampus.com 1 800 527 2553 2 0 0 9 THE LE ADE R 42 MARCH / APRIL http://www.MidwestCorporateCampus.com http://www.MidwestCorporateCampus.com
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