About Walt Batansky
Walt is the Chief Financial Officer and a co-founder of Avocat Group. In addition to oversight of financial reporting, he is responsible for managing client metrics and benchmarking, due diligence, and determination of restructuring costs for client M&A activity.
Walt has devoted his career to the study of how real estate is utilized by corporate and business users. During his career, he has managed an organization providing end-to-end corporate real estate services to business space users across North America and globally, including providing analysis for a myriad of the Fortune 500 as well as public and private firms of all sizes in fixed asset consulting, development, leasehold and fee acquisition, and disposition. Clients include McKesson, Radio Disney, United Parcel Service, Transamerica, Emerson Electric, Aetna, CoreStates Financial, Sprint, Philips North America, Spalding Sports Worldwide, NYNEX, PSS World Medical, Evenflo Baby Products, Kforce, Inter-tel, and more.
A graduate of the University of South Florida with a B.S. degree in Business Administration/Finance, Walt has overseen the outsourcing a complete range of real estate and facilities activities for these corporations, including providing facility strategy consulting, leased professionals, and partnering strategies to support and finance entire facilities departments to large publicly traded companies.
Walt’s areas of expertise include financial analysis, site selection, lease evaluation and negotiation, project management, market analysis, financing alternatives, build-to-suits, and fixed asset consulting. He has personally negotiated more than one thousand transactions and assisted with several thousand others in all 50 states and 8 countries. Notable projects include multiple corporate headquarter facilities ranging in size from 35,000 to 750,000 SQFT including offices in the Chrysler Building in NYC and a $22.5M build-to-suit with Walt representing the user in land assembly, pre-development, purchase, construction, and sale-leaseback. His team oversees multiple 100+ location corporate portfolios and has managed facility relocations of up to 800+ staff.
He is considered a leader in developing innovative operating cost reduction strategies, has been a guest lecturer at both public universities and private companies, and has authored more than one hundred published articles on the subject.
Specialties: Corporate real estate portfolio strategy, financial reporting, tenant representation, lease restructuring, optimization of facilities, cost reduction strategies, real estate market analysis, cost segregation, mergers & acquisitions, benchmarking & metrics, compliance, supply chain.
Entries by Walt Batansky
A sophisticated landlord can sense a bluff the way a pitbull can sense fear. It’s not that landlords are bad guys (or pitbulls – my apologies to offended landlords or pitbull owners), it’s just that it is their JOB to maximize return to their investors.
The world’s tallest building is perhaps the greatest architectural and engineering accomplishment of man. While most construction methods used for our local homes and buildings have not changed in the last 50 years or so, the Burj Dubai pushes the envelope of technology, sustainability, and functionality. The fact sheet is amazing. For example, the concrete used in […]
I’m not crazy about condominiums. Here’s why: Other people (the condo association – which is often controlled by a very small group of individuals) get to vote on how to spend your money. Some of those choices may not add value for you or to your property. Operating expenses on leased commercial property work the […]
One of the easiest and most effective ways for a corporation to keep real estate costs low is to regularly perform Market Rate Audits on their leased locations. Often many companies get caught up in reactionary tasks such as simply handling leases as they come up for expiration, so they never get ahead of the curve with […]
Newton’s First Law of Inertia: An object at rest tends to stay at rest. A Landlord’s First Law of Inertia: A tenant in place is likely to renew. How likely? It is hard to find precise data although many Real Estate Investment Trusts report that in excess of 80% of their commercial portfolios renew. With […]
If you go into the grocer and purchase, for example, three pounds of salmon, you can be relatively certain that you now possess three pounds of salmon. However, if you lease 30,000 SQFT of space in an office building, can you be relatively certain that you possess 30,000 SQFT? Absolutely not. Here’s why: To start, […]
We have a rule for our real estate project management process: No Surprises. Typically our clients are either doing a major construction project to build out or expand their business space, relocating to another facility, or both. Usually these are operations critical to providing their products or services to their customers. So what happens when […]