Sunday, April 10, 2005

VFA Recognized by CoreNet Global as Corporate Real Estate Innovator

VFA Recognized by CoreNet Global as Corporate Real Estate Innovator

VFA, Inc., the leading provider of solutions for facilities capital planning and asset management, was named a finalist for CoreNet Global's H. Bruce Russell Innovator's Awards, one of the top honors in the corporate real estate industry.

Boston, MA (PRWEB) November 23, 2008

VFA, Inc., the leading provider of solutions for facilities capital planning and asset management, was named a finalist for CoreNet Global's H. Bruce Russell Innovator's Awards, one of the top honors in the corporate real estate industry.

VFA was recognized for working with a global financial institution to create a centralized corporate real estate function and develop a five-year capital plan targeting areas for cost-savings, increased efficiency and scalability to support growth. The organization now has a long-range view of capital planning, enabling a consistent approach to evaluating its facility portfolio across multiple geographies and support for the aggressive growth plans of the core business. VFA was among 10 finalists chosen from more than 70 nominations.

"Corporate real estate teams are taking an increasingly sophisticated approach to their long-term capital planning and strategic asset management initiatives. Successful capital plans enable organizations to reduce both risk and cost, provide facilities that are less expensive to operate, promote a better working environment and better serve the overall organizational goals and objectives," said Jerry Kokos, president and CEO at VFA. "We are pleased to be recognized in elite company by CoreNet Global for this prestigious award."

"We salute the award finalists of this prestigious award for continuing to evolve the workplace," said Prentice Knight, CEO for CoreNet Global.

CoreNet Global is the world's leading professional association for corporate real estate and workplace executives. The H. Bruce Russell Innovator's Awards program, now in its ninth consecutive year, showcases solutions, best practices and innovations in corporate real estate and workplace management. The award was presented at the CoreNet Global Summit in Orlando, Fla., on November 10.

About VFA
Headquartered in Boston, VFA, Inc. is the leading provider of end-to-end solutions for facilities capital planning and asset management. VFA solutions uniquely combine facility assessment services, Web-based software and business consulting services to enable customers to manage every stage of the capital asset lifecycle -- from requirements gathering and long-term planning to capital budget creation and spend management. Over 400 organizations in corporate, education, government and healthcare markets have relied on VFA solutions to strategically manage their capital assets. VFA's flagship software product, VFA. facility®, is currently used to manage more than 2 billion square feet of real estate. For more information, please call 800-693-3132 or visit http://www. vfa. com (http://www. vfa. com).

# # #