John Terpin is an accomplished Director of Real Estate at Verizon Communications, where he leverages his extensive expertise in corporate real estate to drive strategic initiatives across a diverse portfolio of properties. With a proven track record in the information technology and financial services sectors,...
John Terpin is an accomplished Director of Real Estate at Verizon Communications, where he leverages his extensive expertise in corporate real estate to drive strategic initiatives across a diverse portfolio of properties. With a proven track record in the information technology and financial services sectors, John is adept at navigating the complexities of real estate management, ensuring that Verizon’s 3,800 properties, encompassing 27 million square feet, operate at peak efficiency. His portfolio includes a wide range of facilities, from technical and administrative buildings to retail stores, call centers, data centers, and warehouses, demonstrating his versatility in managing various property types.
In his current role, John oversees a substantial $90 million operating budget while also spearheading multi-million dollar capital projects that enhance Verizon’s real estate footprint. His skills in asset management, lease and portfolio management, and facilities management are critical in optimizing operational performance and driving cost efficiencies. John’s relationship-oriented approach fosters collaboration across departments, ensuring alignment with Verizon's strategic goals and customer engagement initiatives.
John is particularly skilled in crisis management and change management, adeptly guiding his team through transitions and challenges in the ever-evolving real estate landscape. His commitment to business process improvement and strategic planning positions him as a key player in Verizon’s growth and sustainability efforts. As a leader, John not only focuses on immediate results but also on long-term value creation, making him an invaluable asset to Verizon Communications and the broader real estate industry.