Certain colleges and universities across the country are making plans in 2014 to expand their campus footprint and acquire more real estate. The question is, how do they carefully manage the potential challenges and risks, and implement a successful and efficient plan?

It’s a topic that I know very well: Large and small colleges – both for-profit and nonprofit – regularly ask for advice on how to enhance and expand their existing campus.

It’s also a topic in considerable flux. These days, with the increased globalization of higher education and the rise of massive open online courses (MOOCs), it’s important that colleges and universities adopt new paradigms and best practices for managing their campus footprint.