This document summarizes a panel discussion on challenges facing physical campuses. The panel discusses trends of slower campus space growth compared to enrollment growth. They address how aging buildings and growing maintenance backlogs are being managed with limited funding. Strategies proposed to address these issues include building strategically to support plans, reducing underutilized space, prioritizing investments over 5 years, maintaining buildings annually, and incentivizing savings to increase capital budgets. The panelists from University of Vermont and Bentley University discuss how they are implementing these strategies and securing support.