C&W’s Glenn Jaffee Carves Out Repurposing Niche

Glenn Jaffee

ORLANDO, FL—Glenn Jaffee, senior associate of brokerage services in Cushman & Wakefield’s Orlando, office is carving out a niche in the local market advising owners on how to creatively repurpose existing assets for new uses and users while maximizing value. Recently, Jaffee has helped repurpose a former correctional facility into a school and an aging warehouse into a state-of-the-art, world-class baseball training facility.

Jaffee tells GlobeSt.com that taking a property which has become functionally obsolete can also mean it does not meet the requirements of today’s standards. It is not always easy to change the zoning, meet code ranging from fire to building, create a stormwater retention pond with limited land, all of which has to be done within or below replacement cost to make it work.