If you were the CIO of a company, which aspects of a building would be important to evaluate?

When evaluating a building as the Chief Investment Officer (CIO) of a company, it is essential to consider all relevant aspects that could affect the company's operations and investments.

Location and neighborhood play a crucial role in determining the building's long-term value, accessibility for clients and employees, and potential for future growth or development in the area. A prime location can enhance a company’s visibility and desirability, impacting recruitment and retention of talent.

Lease agreements are also pivotal as they dictate the terms of occupancy, financial obligations, and rights associated with the property. A favorable lease can provide stability and cost predictability, while unfavorable terms might lead to financial strain or operational constraints.

Structural integrity is fundamental to ensuring the safety and functionality of the building. A thorough understanding of a building's condition can prevent costly repairs, ensure compliance with regulations, and maintain a safe working environment for employees and clients.

Evaluating all three aspects—location and neighborhood, lease agreements, and structural integrity—comprehensively addresses the strategic implications of property investment, making it clear that considering all of these elements is vital to informed decision-making.