Creating Opportunities With Bottom Line Results
Whether its office space or industrial property, we use our local market expertise and site selection process to uncover and evaluate all viable alternatives for a new facility or relocation. We present detailed market information; assess all occupancy factors such as building services, amenities, options, work, and concessions; conduct in-depth comparison analysis, and aggressively negotiate for the best cost option.
By managing the entire negotiation process and creating competition with all prospective owners and landlords we maximize our clients leverage and negotiate the most favorable deal possible. Our experience enables us to identify potential costly pitfalls in proposed lease terms and capitalize on future event issues such as expansions and renewals to ensure our clients save money throughout the entire lease term. We scrutinize all key issues such as rent, concessions, escalations, operating expenses, construction & work letters, timing, infrastructure, sublease/assignment, and options, and aggressively protect your company’s rights.
We focus on the financial impact of every occupancy factor and deliver comparison reportings detailing proposed expenses, and remaining & future real estate obligations to determine the most economical option that minimizes occupancy costs. The value of leasehold improvement costs, rental abatements, real estate taxes, operating expenses, tenant improvement allowances and lease takeover allowances calculated both on an undiscounted and present value cash flow basis are all part of our detailed financial modeling that is performed. Whether it’s a purchase, sale, lease or lease equity transaction, our experience providing customized in-depth financial analysis results in reduced risk and concise decision making for our clients.
Build to Suit Development
We have extensive experience assisting clients build new facilities that meet their unique requirements. Our services include location planning, site selection & evaluation, development consulting, construction cost management, demographic studies, and municipal incentive negotiation. Whether it’s a new distribution facility, new manufacturing plant, corporate office headquarters, data center, or mission critical facility, we explore all development opportunities and financial structures such as a lease, direct ownership, joint venture or lease with equity participation.
We professionally package our clients owned properties to pre-qualified leaseback financing investors and foster competition among them to obtain the highest sale value and the lowest leaseback rates. This allows our clients to unleash trapped equity while still maintaining continued use and control of their facilities. We aggressively negotiate a long term favorable lease which provides enhanced operating flexibility and potential tax benefits.
We create and implement a real estate strategy designed to return the most value in the disposition of excess space by marketing the property for sale or sublease or negotiating a lease termination.