Expert Topic
Corporate Real Estate - Transaction Management
Managing corporate real estate transactions goes far beyond the simple act of signing a lease.
It includes determining space criteria, selecting a site, deciding whether or not to buy, implementing improvements, and managing it all with multiple stakeholders.
But many companies lack the necessary internal infrastructure and skill sets to execute properly, and therefore outsource some of the most important actions. This can result in exorbitant commissions, conflicting interests and overall dissatisfaction.
But with the right knowledge, companies can cut costs while improving operations and the bottom line.
It includes determining space criteria, selecting a site, deciding whether or not to buy, implementing improvements, and managing it all with multiple stakeholders.
But many companies lack the necessary internal infrastructure and skill sets to execute properly, and therefore outsource some of the most important actions. This can result in exorbitant commissions, conflicting interests and overall dissatisfaction.
But with the right knowledge, companies can cut costs while improving operations and the bottom line.
Meet the
Expert
Denis Mehigan
Principal, The Mehigan Company, Inc.
San Francisco, CA
- English
Expert Topic:
About Denis
- 32 years experience in commercial real estate transactions and development
- Founder and Principal of The Mehigan Company, Inc., providing transaction management, project management, operating expense and project audits, database design, toolkit development and incentives recovery services
- Clients range from small/mid-size companies (DASSE Design, Prange Law Group, PMC-Sierra) to Fortune 500 corporations (Cisco Systems, Apple, J.P. Morgan Chase, AT&T, The Clorox Company, McDonalds)
Experience
Principal
•
The Mehigan Company, Inc.
Sep, 1986
—
Present
- The Mehigan Company guides its clients in all phases of real estate management, from transaction advisory services to growth and reduction strategies to lease/own decisions to database development.
- Cisco Systems - completed 16 corporate leases across the U.S., including Minneapolis, Portland, St. Louis, and Des Moines.
- Clorox - reduced occupancy costs by 18% for their entire lease portfolio, acquired and disposed of properties, served as Lease Manager for Oakland headquarters, automated lease tracking data, and performed audits of all company leases.
- AT&T's Pacific Telesis - managed a portfolio calling for 70 new leases each year, represented the company in 9 different 50,000+ s.f. office leases, developed a Facilities Strategic Plan, and advised on the build-out of all company spaces. Reduced the company’s annual occupancy costs by 43%.
- Apple - identified sites, negotiated transactions, and recovered incentives, for company space in Oregon and Washington.
- Imperial Credit, a leading Southern California financial institution, led the rollout of 60 offices nationwide for their mortgage unit start-up, identified and managed the transaction of leased properties, established company processes for acquiring and utilizing space, and designed the company's real estate database.
Director
•
PacTel Properties
1984
—
1986
- Corporate Real Estate Director, overseeing real estate services for all subsidiaries of Pacific Telesis Group
- Acquisition and disposition of institutional grade properties
Manager
•
IBM
Jan, 1975
—
Aug, 1980
- Select Account Manager (clients included Levi Strauss) for the Office Products & Office System division
- National honors for exceeding annual sales quota five straight years
Education
University of San Francisco
BA, Business Administration, 1977
What People Are Saying About Denis
Denis Mehigan was exactly the right expert at the right time. So much so that we were done in under 30 minutes. I am hiring him to be my real estate representative, and I would recommend him to others.
CEO
the electron shop
the electron shop
I was looking at two options for new larger office space, which presented some complex business issues. Denis Mehigan helped me identify the critical issues and provided me with the tools to arrive at the optimal solution. He was easy to talk to, quick on the uptake, and is clearly an expert in his field. His follow-up exceeded my expectations, which were high to begin with, and I would not hesitate to utilize his services again.
CFO
Packages with Denis starting from $400
Your Expert Package Includes:
Best Practices
Access to ALL Best Practices authored by TrustedPeer
Expert Denis Mehigan on this topic.
Pre-Meeting Discovery Process
Review and analysis of your issue with pre-meeting discovery questions by Denis, followed by
a 30- or 60-minute one-on-one call.
Sample
One+-on-One Call
Your (+colleagues) meeting is directed and focused from the first minute.
Meeting Summary Report
After your call, Denis completes a Meeting Summary Report to provide you with the
session’s discussion topics, analysis, assessment and recommendations for next steps.
Sample
Post-Meeting Engagement
After your meeting, continue your relationship with Denis
on your own, or with TrustedPeer’s support.