Bob Cook's Corporate Real Estate Weblog
Bob Cook's Corporate Real Estate Weblog
Financial issues in corporate real estate
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20050830 e martë gusht 30, 2005

Typo's and all....

I started this corporate real estate blog a few months ago with good intentions to post regularly, but alas, the demands of my job (and two pre-school kids) seem to have gotten in the way. In my defense, I did compose a few posts prompted by current events – things like the role of real estate portfolios in a company privatization like the $11B Sungard purchase, the effect of the dollar's fall on corporate real estate budgets, and even the advice I'd give the new pope about the Church's real estate portfolio if I had an audience with him. Seems, though, that my Nervous Nellie habit of wanting to edit things before posting them bogged me down. By time pieces were complete to my satisfaction, the news upon which they were based was no longer news.

So I'm changing my ways. Expect syntax that leaves much desiring, mispelings, and typpo's. But at least I'll get my thoughts out there.

Another problem, though, will still plague me. I'll still have to be careful in what I write publicly about Sun's private real estate activities. On one hand, I want to write candidly about our real estate plans so members of the real estate community can think about how they might partner with us for mutual advantage; and I also want to write candidly about insights gained from my Sun experience, under the theory that these insights will aid others and that “helping each other helps us all”. On the other hand, as an employee of a publicly traded company, I don't want to reveal proprietary information or run afoul of SEC regs that govern public disclosure. For example, after the announcement of Sun's intended acquisition of StorageTek, I was going to post a piece about real estate challenges attendant to M&A activity but it was too difficult to write anything of substance that did not reveal at least something about how we would be thinking about the integration of StorageTek – and providing such insights might have required a public SEC filing. So I elected to be cautious and never posted the piece. As I proceed with these posts, though, I'm hoping I'll find a better middle ground – somewhere between “overly-cautious” and “overly-candid”.

In any event, I'm back on-line. I still believe in the need for this blog. I am prompted back partly by a couple recent Peter Pike dispatches wherein he wrote about real estate blogs. “Where are all you real estate bloggers?” he wrote. Seems that he did a search and didn't find too many worth writing about. I've done some searching of my own, looking particularly for blogs about corporate real estate. I didn't find any. So I guess I'm it.

More to come. I promise. Typo's and alll.

( Gsh 30 2005, 02:28:12 MD PDT ) Permalink Comments [17]


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