We typically approach projects with the goal of providing a single source of responsibility for our client, who is an Owner/Tenant, a Tenant (in the case of a build-to-suit leaseback), or an Investor/Owner for whom we are developing a project

PROJECTS
The only real opportunity to save money in any project is in the planning phase. Beyond that, money can only be spent.
Tim Galvin/Brexton

Real Estate Development Services

Development of a new facility as an owner/investor is a multi-faceted process. Among the major components of this process are:

  • Defining concept, utilization and design
  • Determining market demand
  • Prioritizing the need/balanced with demand
  • Site Location and Maximum Yield Analysis
  • Ownership structure
  • Financing
  • Design
  • Construction
  • Property/Asset Management

However, of far more important consideration for the owner/investor, are the factors which are interrelated among the project components. These are the myriad of factors which cannot be considered or solved independent of the other project components.

A review of the owner’s income projections yields a not-to-exceed occupancy cost. In addition, a review of the number of occupants yields a minimum acceptable building size. When the optimum financing is added to the equation, this information will, in turn, produce a square foot cost budget for the land, building and soft costs.

This simultaneous process of providing a combined solution to these project components is the essence of feasibility analysis. The analysis generally begins with a conceptual project Performa financial projection, and continues until site selection; zoning, design and financing have been concluded.

We can Provide

Phase I

  • Site selection and evaluation
  • Project feasibility analysis
  • Prepare project Master Schedule
  • Zoning presentations and coordination
  • Overall project budget and income potential reviews
  • Construction loan preparation oversight and monitoring
  • Property condition evaluation and assessments
  • Preferred and or deferred maintenance consultation and evaluation

Phase II

  • Constructability review and analysis
  • Contractor evaluation
  • Cost-to-cure estimation
  • Coordinate cost segregation studies
Last Updated 2/21/09