Why did we form the CRESTAR Alliance?
The CRESTAR Alliance was formed to provide an unmet need in the marketplace: a source for comprehensive and integrated solutions and services to real estate events that not only consisted of best-in-class service providers, but would also exist in accordance with scrupulous quality protocols and compliance standards. Each member of the CRESTAR coalition utilizes a common methodology ... and all are committed to "continuous improvement" of the quality of its services.
Why is this important?
Real estate-related costs represent the second or third highest expense on the income statements of over 80% of US Corporations. However, few companies treat these costs with the same kind of rigorous diligence that they apply to other, far smaller expense categories. The bottom line: we've fine-tuned an approach that results in cost savings in the form of greater efficiencies, reduced cycle times, and reduced waste.
This approach is more relevant than ever
You've likely experienced first hand how technology and increased scrutiny on bottom line results and accountability has transformed how we conduct business. Corporate real estate is no different. The management of corporate real property assets is becoming more visible, more accountable and more transparent -- requiring the application of new, data-driven processes and systems -- which in turn, require the support of third party professionals who acutely understand these demands.
Why does this work for corporate real estate?
What we've discovered during our years of experience. is that
commercial real estate is a repeatable event. As a result, the
same business methodologies used for cyclical events, like
manufacturing, can be applied to corporate real estate.
Our clients find that they make better decisions about their
real estate needs as they tend to:
- execute real estate projects more quickly
- align their facility footprint with their strategic needs more accurately
- comply with Sarbanes-Oxley and other reporting requirements
- better control their real estate spending and often realizing significant
savings
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CREstar Six Sigma
Six Sigma is proven management methodology that allows businesses to reduce costs, increase quality, and enhance value. With CRESTAR Six Sigma, you can...
- Define the objectives, budgets, and time frames for your CRE
programs and projects.
- Measure the performance of CRE initiatives on a property, project,
system, business unit, or company-wide basis.
- Analyze the results of CRE endeavors in real time, 24/7/365, from
any place with an Internet connection.
- Improve the performance of CRE programs, projects, systems, and
personnel in ways that will postively impact your bottom line.
- Control the costs, risks, and outcomes of your CRE operations in
ways that create, enhance, and protect value.
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What is needed to deliver on the promise
- A proven methodology that drives every real estated-related
decision, transaction or project
- A platform containing the professional capabilities required to fully
execute almost any real estate project or assignment
- A systematic infrastructure needed to monitor and manage all real
estate activities
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