4A — August 12 - 25, 2016 — M id A tlantic

Real Estate Journal


M id A tlantic R eal E state J ournal CBRE, JLL, NGKF contribute to report among others CoreNet Global explores the future of the real estate profession

A TLANTA, GA — The corporate real estate (CRE) profession will be influenced, disrupted and transformed in the years ahead by a powerful combination of forces that are re-shaping busi- ness strategy and operations, consumer preferences, and how and where people want to live and work, according to a new report released by CoreNet Global . CoreNet Global is the leading global professional as- sociation for corporate real es- tate and workplace executives, service providers and economic developers. “The Bigger Picture: The Fu-

interconnected than ever be- fore, constantly disrupted by technological innovation, and replete with both risks and opportunities. Among the key findings in the report: Over the next 10 to 20 years, potentially 40 to 60 percent of the worldwide labor force that is now doing transactional work could be replaced and augmented by artificial intelli- gence, work-force automation and smart cognitive thinking machines. The increasingly mobile and connected workforce is chang- ing real estate requirements

as it relates to howmuch space is needed, where facilities will be located, and how that space is configured, utilized and managed. The next generation workplace likely will be built around workplace networks that will support this new mobile workplace complexity. Although some might think of cyber security as an IT issue, high-profile cases such as the 2013 Target credit card breach show a crucial link to CRE and the built environment. That breach, for instance, came from a refrigeration, heating and air-conditioning subcontractor that had secu-

rity access to service Target as a client. “Now, more than ever, it is crucial that corporate real estate professionals become not only students of the busi- ness, but students of the world and how it is changing,” said Angela Cain , CEO of CoreNet Global. “That is the purpose of our new report: to place the future of CRE in the context of the bigger picture.” Several CoreNet Global Gold Strategic Partners con- tributed to the report: CBRE, Deloitte, ISS, JLL, New- mark Grubb Knight Frank, Sodexo and Steelcase . n Ted Pfeifer joins Landmark Commercial Realty HARRISBURG, PA — Landmark Commercial Re- alty, Inc. recently announced the hiring of Ted Pfeifer as vice presi- dent – retail. In hi s new role, his pri- mary f ocus will be the sale and leas- ing of retail properties, including shopping centers and restaurants. Throughout the course of his extensive career in commercial real estate, he launched his own brokerage firm (Ted Pfeifer Realty) and also worked for sev- eral national retailers includ- ing Walgreen’s, McCrory’s and Modern Woman Stores. Pfeifer’s firm specialized in commercial real estate tenant representation, along with con- sulting. His client portfolio in- cluded companies such as Taco Bell, Amelia’s Grocery Outlet, Panera Bread, Auto Zone and Dollar General. “Having facilitated over 1,500 new leases and negotiating nearly 10,000 during his 30 plus years in commercial real estate, we are excited to bring such an expert in the retail industry on board,” said Barb Murdocca , director of operations. “His ex- perience will further advance our retail division.” Pfeifer is currently a member of the International Council of Shopping Centers. Landmark Commercial Re- alty, Inc. is a full service Com- mercial/Industrial Brokerage firm headquartered in Har- risburg, Pennsylvania with focus on the South Central Pennsylvania n Ted Pfeifer

ture of Corporate Real Estate,” draws on the expertise of more than 30 thought leaders to provide crucial insights from multiple perspectives beyond CRE: technology and the inter- net of things; risk mitigation; cyber security; environment, energy and sustainability; corporate social responsibility; the global economy; people, talent, wellbeing; and the future of cities. The report connects these dots to draw a forward-looking picture of the dynamic business envi- ronment in which CRE must deliver value – a world that is changing rapidly, more


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Terms of Sale: Real Estate: Terms: $50,000 Non-Refundable Deposit by the successful Bidder. The Balance due upon closing within 45 days, Time being of the Essence. Real Estate sale subject to clear title but not financing. Real Estate Subject to Approval of Owner. Liquor License: Twenty Percent (20%) nonrefundable deposit by successful bidder, balance due upon approval of the PLCB, but the deposit is non-refundable unless the non-approval by the PLCB is due to the part of the Seller, not the Buyer. Liquor License Subject to Approval of Owner. Their shall be no other contingencies. All Equipment, Fixtures, Furniture Art and Décor. To be sold Piece by Piece. Payment in full the day of sale. INSPECTION: By Appointment! For more Information & Photo’s, check our Web Site! Col. Steve Sitar /Sitar Auctions Ph:(570) 586-1397 P.O. Box 779 Cell: 570-954-7001 Waverly, Pa. 18471 Pa.Lic.AU2124-L www.sitarauctions.com www.Auctionzip.com ID#4898

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