Moving to Sodexo…

March 7, 2012

Dear Friends/CRE3 Forum Readers:

I’m writing to inform you that I’ve resigned my position as Executive Vice President with the Sustainability Roundtable, Inc. (SR Inc.) to assume a role as Director of Business Development with Sodexo, Inc. effective March 9th.

As author of SR Inc.’s Blog and the CRE3 Forum for the past two years, I have thoroughly enjoyed publishing posts on a wide range of issues which impact the real estate industry. Through your interest in the trends I’ve highlighted, we’ve far exceeded 10,000 page views with an average readership of 35+ a day.

The move was a difficult decision to make given my firm belief in SR Inc.’s mission and role to move the real estate industry closer to greater sustainability. However, the choice to join Sodexo is a tremendous career opportunity for me and my family. Sodexo is a world leader in “Quality of Daily Life Solutions” as an outsourced facilities-management services provider and foodservice operator with over 120,000 associates in North America, serving 10 million customers. They provide a wide range of services at 6,000+ locations which consist of corporate, health care, long-term-care and retirement centers, schools, college campuses, government entities, and remote sites.

The North American operations, along with its Paris-based parent, have been recognized as:

  • One of “The World’s Most Admired Companies” by FORTUNE
  • One of World’s Top 50 Green Outsourcing Suppliers
  • Ranked number three in the world among outsourcing services companies
  • One of “World’s Most Ethical Companies”


I look forward to undertake this fantastic role and will publish my new contact details soon. And, welcome the chance to continue passing along thought leadership of management best practices which impact the real estate industry.

All the best,

Larry Simpson


“The More Things Change in the CRE Industry…” Evolving Trends in the Coming Decade

December 9, 2010

As the first decade in the 21st century draws to a close the “CRE3 Forum” offers some insight on trends and changes the corporate real estate industry might anticipate in the coming decade.

While it is likely many of the cited dynamics will occur, some may not and others will emerge but, the most important thing to consider for you as a CRE professional is that change in our industry will happen and it’s your job and responsibility to find out how it will affect your organization. It is more likely there will be a convergence of trends creating complex issues that will impact your role to deliver efficient facilities in the right place at the right time at the right cost.

The companies of which you are employed are counting on you to be the subject matter expert on corporate real estate ready to anticipate and act on the inevitable changes associated with occupancy costs, sustainability and technology among others that are coming in the next few years. Read the rest of this entry »

Corporate Real Estate Benchmarking White Paper NOW AVAILABLE

October 20, 2010

Now IS your chance…to learn how your peers are managing their real estate portfolios and gaining industry “best practices” about:

· Total Cost of Occupancy/FTE and the Top Occupancy Cost Categories
· How information systems are being used to support CRE Strategy
· How companies are preparing for the changes to the lease accounting standards
· What are the Top five data requests coming from senior management
· What initiatives are others using to move real estate portfolios toward sustainability
· And much more 

CRE3’s white paper provides invaluable information and provides answers to the key questions:
How well is our portfolio performing compared to other companies?
What are some of the best practices in the corporate real estate industry?
What occupancy cost reduction and sustainability initiatives should we focus on?

To request your copy, send an email to or visit CRE3’s website at

The “Royal Flush” in Outsourcing Non-Core Competencies: Integrated Facility Management Providers

April 1, 2010

As a CRE executive you have been ‘dealt a hand of cards’ by senior management to reduce occupancy costs and contribute to bottom line savings.

While the CRE department budget is being cut to fund initiatives, technology and additional staff forcing you to, ‘do much more with less without a card up your sleeve.’

The best way to ‘play your cards’ may be to out-source non-core competencies to integrated facility management firms to leverage their expertise and derive significant value. The benefits could be:

  • Collaborating/leveraging an advanced level of expertise, innovation and industry “best practices”
  • Creating a single point of contact and continuous service vs. project to project basis
  • Aligning critical occupancy cost category reduction strategies with service offerings
  • Accessing bundled services beyond traditional property/facility management
  • Benchmarking occupancy costs, space utilization and environmental sustainability among peers
  • Enhancing internal employee satisfaction by standardizing operations and processes
  • Utilizing vendor technologies
  • Applying performance-based, percentage of cost reduction fee arrangements

The Results?

Immediate savings of 10-15% – initial transfer to outsource vendor can access greater manpower

Increased focus – CRE management time used overseeing facilities can be dedicated to strategic initiatives

Increased flexibility – cut costs by eliminating fixed overheads and physical plant ownership

Whether you go for a ‘straight flush’ and out-source the traditional soft services (cleaning, waste management, landscaping, business support, reception, and mail room), hard services (preventive/reactive maintenance, non-stop control room and small repairs) or take advantage of evolving expertise in energy conservation (Reduce Energy Costs and Consumption/Waste) there are clear advantages.

But, when you can engage global IFM providers like Sodexo, Jones Lang LaSalle, JohnsonControls, CB Richard Ellis, UGL-Unicco and others, the payoff is a ‘royal flush’ by accessing true integrated service offerings such as:

  • Map Service Offerings to Occupancy Cost Categories
  • Benchmarking Facility/Portfolio Operating Cost Performance
  • Workplace, Building and Portfolio Efficiency
  • Energy Management/Procurement
  • Environmental Sustainability “best practices”
  • Green Building Design, LEED Certification and Construction PMO
  • Carbon Footprint Management
  • Space and Move Management
  • Work Order Processing/Call Center

With so many benefits and the opportunity to positively impact your organization’s financial performance, what’s with the ‘poker face’ and holding you back from going ‘all in’ with IFM providers and ‘winning the pot on the table’?

The best part is that it’s a ‘sure bet.’