When your company is considering consolidating its real estate portfolio, what are the most critical...

Space utilization, occupancy cost, and location proximity (Option A) are key factors when consolidating a real estate portfolio.

Why Option A is Correct?

Efficient space use reduces costs and optimizes operational efficiency.

Occupancy cost per square foot helps determine financial feasibility.

Geographic overlap ensures strategic location decisions.

IFMA’s Real Estate & Property Management Core Competency highlights space efficiency and cost analysis as critical to real estate strategy.

Why Other Options Are Incorrect?

Option B (Lease vs. own, amenities, political environment): These may be factors but are secondary to space efficiency and cost considerations.

Option C (Workforce make-up, interiors, tax incentives): Workforce dynamics matter, but financial efficiency drives real estate consolidation.