Expesite Releases New Disposition Framework & Whitepaper
COLUMBUS, Ohio, May 23 /PRNewswire/ -- Expesite, a leading provider of collaborative technology for managing multi-unit / multi-location real estate and construction projects, has added disposition functionality to its core product. This capability is the first iteration of Expesite's Disposition Framework - a set of enabling technologies that will provide its retail, restaurant and banking clients with the capability to shed underperforming locations quickly and efficiently by using the same system they used to manage prior new build, remodel and equipment roll-out programs. "The real win for our clients," says Dennis Susa, Expesite's new VP of Corporate Development, "is that the same system they used to build their portfolio can now help them dispose of properties that are no longer achieving the results expected."
In this release, Expesite will leverage its centralized data repository, living archive and pre-configured disposition templates to help users manage and standardize their disposition programs. Jeff Sopp, Expesite's CEO, was a key driver behind the initiative. "Our system has always supported our client's entire project lifecycle," says Sopp, "and in today's economy that lifecycle includes dispositions." By using Expesite's collaborative tools, owners have up-to-the minute visibility on a single location and can easily track information and run reports across all their properties. Additionally, the system also enables third-party brokers, developers, vendors and architects to securely access the system, to share documents, assign tasks and update milestones.
To help owners learn more about how technology can improve visibility and decision-making in the disposition process, Expesite has published a whitepaper, Solutions to Scale-Using Technology in Real Estate Dispositions. To receive a copy, please contact Kristin Fornal at kfornal@expesite.com or 614-324-5518.
About Expesite: Founded in 1999, Expesite is a privately held company headquartered in Columbus, Ohio. Expesite provides a secure project management application for multi-unit construction and real estate development. Over $6 billion in real estate activity moves through the Expesite system. Expesite fosters lasting relationships with some of the world's largest retailers, chain restaurants, banks and commercial real estate developers. Considered a world-class leader in program and project management, Expesite streamlines communication and accelerates project delivery. To learn more about Expesite products and services visit their web site at www.expesite.com. Contact: First Call Analyst:
CONTACT: Kristin Fornal, Expesite, +1-614-324-5518, kfornal@expesite.com Web site: http://www.expesite.com/
2008-05-23 18:55:12 0369962 PRNEWSWIRE
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