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Newmark Expert Contributes to Online Article Highlighting COVID-19's Impact on Site Selection

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Newmark Senior Managing Director, Gregg Wassmansdorf, was recently interviewed as part of a Pharmaceutical Technology online article titled COVID-19 to Shake Up Site Selection Decisions. 

Excerpt below. 

"Investors are looking to diversify their global footprint amid the Covid-19 pandemic in an attempt to eliminate concentration risks. However, transforming a company’s operations and deciding on new site locations requires extra resources, at a time when cost cutting is at the top of the agenda for most organisations.

The pandemic has created a stir among the economic development community, resulting either in a pause in investment projects, or investors reconsidering their strategic footprint and taking a different approach towards organising their business."

Read the full artilcle, COVID-19 to Shake Up Site Selection Decisions. 

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© 2023 Newmark Global Corporate Services. All Rights Reserved.

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Newmark Global Corporate Services (GCS) combine strategy and execution to optimize our clients' internal corporate real estate functions. Integrating management and operations consulting with real estate advisory and CRE delivery services, GCS provides a centralized approach; helping a broad range of clients worldwide achieve their business goals, streamline operations and realize cost savings. 
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