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Last year, merger and acquisition activity increased significantly, and experts expect the momentum to continue in 2022. Real estate is the second or third largest expense on a company’s income statement, making it a top priority during a corporate merger. Companies undergoing a merger or acquisition will not only look to consolidate a real estate portfolio, but they will also look at operations, leases and technology.

Rob Raymond, a managing director in the Real Estate practice at FTI Consulting, has seen real estate account for as much as 16% to 22% of general and administrative expenses. “It is a large target of synergy,” he tells GlobeSt.com. “From a physical footprint perspective, companies would look at redundant locations and consolidating headquarters.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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