Capstan Advisors, LLC Launches Providing Advisory Services and Interim Management for Corporate Real Estate
El Segundo, California (PRWEB) November 9, 2007 -- At the annual Corenet Global Summit in Atlanta last week, Paul Garity, John Davis and Kent Wiegel, who together have over 80 years of experience in real estate management and consulting, announced the formation and launch of Capstan Advisors, LLC to provide advisory services and interim management to corporate real estate clients. Capstan will help corporations improve the management of their owned and leased commercial space. Advisory services will include outsourcing process management, contract benchmarking, performance measurement and workplace strategies. The firm will also consult with service providers on marketing and acquisitions strategies and offer interim management of CRE functions for mid-cap companies that do not have the internal resources to manage their portfolios professionally.
According to Paul Garity, President of consulting firm RECS, Inc. and former partner in charge of KPMG's Corporate Real Estate Consulting practice, "Our clients are expanding globally, and their need for strategic advice and creative solutions has increased dramatically. I am excited to form Capstan Advisors with John Davis and Kent Wiegel, seasoned executives with hands-on experience in managing large real estate portfolios, to better serve the corporate market."
John Davis, former Executive Managing Director of the CB Richard Ellis Global Corporate Services group, said, "Global companies need advisors who can structure win-win partnerships with service providers that improve operations today, but allow flexibility to meet changing needs in the future. We help clients make these relationships successful, from designing organization models to writing service level agreements to negotiating contracts that align the interests of all parties."
Kent Wiegel, former Senior Vice President in charge of Corporate Properties for the 3,000-property Washington Mutual Bank portfolio, added, "As we learned at the Corenet Summit this week, real estate managers are under immense pressure to deliver space at reduced costs, yet the pool of talent to draw from is shrinking. Capstan Advisors helps clients develop the right workplace strategy and hire and retain the best resources to achieve their goals for customer relationship management, service delivery and cost savings. And for companies that cannot find or afford the talent they need, we provide interim management services until the right mix of internal and external resources is retained."
Capstan Advisors, LLC
Capstan Advisors is a privately held consulting company based in California and Washington. The Company advises corporate real estate clients on organization design, process improvement and service provider contract management.
Real Estate Consulting Solutions, Inc.
Real Estate Consulting Solutions, Inc is a national real estate consulting firm based in California. The Firm provides investment advice and strategic consulting services to public and private sector clients developing or managing commercial real estate, resorts and master planned communities. www.capstanadvisors.com
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