Five Good Ideas for non-profits to manage their office space

Five Good Ideas Podcast

When searching for a new office space, it’s all about the lease.

In this session, recorded live on November 25, George Georghiades, Principal and CEO of Lexington Park Real Estate Incorporated, presents his advice on who to hire for help, what to look out for, and how to minimize risk in what is often an organization’s second largest expense.

These are his five suggested steps for a non-profit’s leasing process.

[6:03] 1. Define your space needs

[11:56] 2. Align your internal team

[15:51] 3. Hire the right external specialists

[21:04] 4. Be mindful as you negotiate your lease and prepare for occupancy

[26:56] 5. Use your rent-free period wisely

[32:58 ] Q & A

Download George’s leasing process checklist, the handout, and session slides. Follow along with the transcript.

Presenter bio: George leads and oversees Lexington Park’s team of investment, asset management, and development professionals. Prior to co-founding Lexington Park, George held progressively senior roles at McKinsey & Company, serving both its Private Equity and Institutional Investor Practice and providing guidance on a wide range of issues related to alternative asset class investing, specifically real estate and private equity. A Loran Scholar from the Class of 1995, George was the first alumnus to serve on the board of the Loran Scholars Foundation. He has also served as Board Treasurer for the Design Exchange, Canada’s Design Museum. He holds a BA in Business Administration from the Richard Ivey School of Business at the University of Western Ontario, an MSc. in Real Estate Economics and Finance at the London School of Economics, and an MPA from the Harvard Kennedy School at Harvard University.