Nelson Hollerway

Nelson Hollerway

Director of Global Real Estate | Global Real Estate Portfolio Manager | Corporate Real Estate | Budget Planning & Financial Management | Financial Services Professional

Role
Director of Global Real Estate at Condé Nast
Location
New York, NY, US
LinkedIn followers
500 followers

About Nelson Hollerway

Poised to do great work, and working to build a brighter future. A high achieving Bachelor, Petroleum and Natural Gas engineer with a technical background in earth sciences and chemical, mechanical, and computer engineering. To build on engineering I sought studies in energy engineering, business, and finance. I am a Registered Representative able to manage brokerage investments, a Licensed Insurance Agent helping to build generational wealth and personal banking with life insurance and annuities.After a smooth transition from Investment banking, wealth management, and investment analysis to corporate financial analysis and business management, I am eyeing more growth.

Experience

  1. Director of Global Real Estate

    Condé Nast

    Sep 2023 — Present · New York, NY, US

    Current and FutureSpearheading the 2M sq-ft global RE portfolio across 50 locations to maintain and build long-term RE, financial, and operational strategies to optimize profitabilityAdministering the portfolio via global regions, Americas, EMEA, and APACLeading market analysis to identify growth and consolidation opportunities; on track to achieve more than 40% cost reduction and project completion by the of 2025Directing projects with budgets up to $12M at the local facilities level and full office fit-outs from shell and core commercial real estate space to turnkey solutions for our company and subtenantsSteering a global real estate team of 4 with members inside and outside of the US and providing performance managementLiaising with internal and external cross-functional teams, for example project managers, architects, contractors, and other vendorsSince Seizing the HelmOptimized financial performance by either minimizing the RE portfolio or migrating to new and smaller more collaborative spacesEnsured compliance with the $15M CapEx budget by instating and employing financial planning and budget tracking in alignment with GAAP; defined the rent price point and construction costs; developed and deployed capital recovery plansFacilitated the ongoing pivotal organizational shift to hybrid work post-pandemic and participated in the final decisions to shrink the RE portfolio by 20%+, reducing operational costs by more than 25% Stuck to the established 60% occupancy target by deploying created phase-based schedules for sunsetting locations; led strategic renegotiations with landlords for leasing and subleasing contractsGoverned the $12M global corporate insurance portfolio, including property, cyber, automobile, aviation, business interruption, and production; reduced insurance costs by 20%Facilitated the sale of the most known building in Fashion media via brokerage and the only commercial real estate sale to close above asking price, Vogue House

Education

  • Wild Well Control, Inc.

    Wild Well Control Certification

  • Penn State University

    Bachelor of Science - BS, Petroleum and Natural Gas Engineering and Energy, Business, and Finance

    2012 — 2017

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