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| JPMorgan
Chase, a long-time client of Hines, captures in this quote what it means
for Hines to bring an "owner's perspective" to their real estate. |
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We believe the
only way to have the "Owner's Perspective" is to be an owner.
approximately 49,000,000 square feet of the property we manage is for our
own account, i.e., as owner of the project.
Often, if
long-term ownership and operational costs are taken into consideration,
the lowest initial cost solution is not the correct decision for the
owner. We continually evaluate and perform life cycle cost analyses
on building systems and make viable recommendations to our clients based
on this ownership perspective.
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What does this
mean to you?
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Very simply,
the owners of the 35,000,000 square feet we 3rd-party manage, such as
JPMorgan Chase, receive the benefit of this perspective.
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"Hines
consistently takes ownership of the properties they manage.
Hines thinks like an owner and proactively strives to add value to
the properties they operate on our behalf. They often make
suggestions for improvements that might otherwise be overlooked by a
more passive property management firm."
Marc Vecchio
Asset Manager, Real Estate Business Services
JPMorgan Chase
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