Corporate real estate departments are playing a dual role in trying to create value while also protecting it, according to the 2009 State of the Industry Report by CoreNet Global, a survey of more than 60 corporate real estate executives. Well-prepared companies could profit when the economy rebounds and demand for space increases, according to Richard Kadzis, director of special projects for CoreNet Global. "The environment we're in poses the risk of being short-sighted," Kadzis said.

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