Institutional Real Estate, Inc.

NAREIM Dialogues: Fall 2016

The Institutional Real Estate Inc Sponsorship brochure, Connected-Investor Focused, We connect people, data and insights, sponsorship, events, IREI Products

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Page 19 of 31

NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT MANAGERS 18 By Ken Robertson Central Regional President for KBS FLIGHT TO Downtown " The employment market is fiercely competitive for young talent, especially in today's hyper-connected world ..." M cDonald's is one of the world's most celebrated brands with some 36,000-plus restaurants in more than 115 countries. While we may be talking hamburgers, Happy Meals and McFlurries here, this fast food behemoth is now one of the latest major companies taking part in sweeping trends impacting the way advanced industries work. This summer, McDonald's announced plans to move its 88-acre Oak Brook, Illinois, headquarters where it's been since 1971 to Chicago's vibrant West Loop neighborhood. This announcement comes on the heels of a recent trend of companies relocating their operations from more generic, typically suburban locations to bustling live, work and play city cores. Early this year, General Electric announced that it plans to trek to one of the hottest real estate markets in the country — Boston's Seaport District, restyled the South Boston Waterfront, from its 20-plus-year home in Fairfield, Connecticut. In late 2014, Toyota announced it would move its headquarters housing nearly 5,000 jobs from Torrance, California, to Plano, Texas, and the examples go on.

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