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Benchmarking: The Search for Best Practices in Corporate Real Estate

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Abstract

Working with over sixty leading U.S. companies since 1987, LaSalle Partners, an international real estate services and investment firm, has conducted a series of nine benchmarking studies in a variety of industries. The studies have examined the real estate practices of participants and identified best practices leading to superior performance of corporate real estate portfolios. This paper summarizes the results and findings of those studies, identifies general and specific benefits of the benchmarking process, and describes key factors for completing successful benchmarking initiatives.

Suggested Citation

  • Edward A. Noha, 1993. "Benchmarking: The Search for Best Practices in Corporate Real Estate," Journal of Real Estate Research, American Real Estate Society, vol. 8(4), pages 511-524.
  • Handle: RePEc:jre:issued:v:8:n:4:1993:p:511-524
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    Citations

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    Cited by:

    1. Chris Manning & Stephen E. Roulac, 2001. "Lessons from the Past and Future Directions for Corporate Real Estate Research," Journal of Real Estate Research, American Real Estate Society, vol. 22(1/2), pages 7-58.
    2. Christopher A. Manning & Stephen E. Roulac, 1996. "Structuring the Corporate Real Property Function for Greater "Bottom Line" Impact," Journal of Real Estate Research, American Real Estate Society, vol. 12(3), pages 383-396.
    3. Chris Manning & Stephen E. Roulac, 1999. "Corporate Real Estate Research within the Academy," Journal of Real Estate Research, American Real Estate Society, vol. 17(3), pages 265-280.
    4. Hugh O. Nourse, 1994. "Measuring Business Real Property Performance," Journal of Real Estate Research, American Real Estate Society, vol. 9(4), pages 431-444.
    5. Christopher A. Manning & Mauricio Rodriguez & Stephen E. Roulac, 1997. "Which Corporate Real Estate Management Functions Should be Outsourced?," Journal of Real Estate Research, American Real Estate Society, vol. 14(3), pages 259-274.

    More about this item

    JEL classification:

    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

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