Development

SOFT COSTS IN COMMERCIAL DEVELOPMENT

A Closer Look at Soft Costs in Commercial Development Summary: What are soft costs? Soft costs are not directly tied to construction. Many of these costs are incurred early in commercial development and before construction. Let’s examine the soft costs of new commercial initiatives. Let’s look more closely at the soft costs connected to the […]

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HARD COSTS IN COMMERCIAL DEVELOPMENT

Summary: Estimating hard costs can determine a project’s feasibility. Finding the perfect partner will help your next construction project stay on budget and schedule. It’s crucial to remember that prices for commercial development projects often fall into two main categories: hard costs and soft costs. Given the importance of a detailed budget to a development

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4 BUILD TO SUIT MISCONCEPTIONS AND REALITIES

It’s not always the “one size fits all” option that is best when a business decides it’s time to open another location. Pursuing a single-tenant, build-to-suit construction may be an appealing solution in a very competitive market or seller’s market. However, if you’ve ever heard tales about built to suit homes, such as how owners

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4 THINGS TO CONSIDER IN A BUILD TO SUIT DEVELOPMENT

A building that is built to suit is said to be made to order or made to the buyer’s specifications. A build-to-suit is a building that is specially made to fulfill the design, location, and physical requirements of one significant user. The most significant benefit for renters interested in build-to-suit projects is that it was

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3 ASPECTS TO CONSIDER WHEN DISCUSSING BUDGET WITH YOUR DEVELOPER

Summary: Is there a 100% chance of being completely ready for the reality of a development endeavor? Of course not. But clear communication, well-defined agreements, and a comprehensive job scope can help your developer grasp your goals and budget. Since you will typically work with your developer for about 18 months, it is crucial to

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3 ADVANTAGES OF USING A PREFERRED DEVELOPER

Summary: Still having doubt about signing that preferred developer agreement? The ideas below provide a high-level overview of the benefits of employing a pro. You would only want to fly in a plane with a professional pilot, wouldn’t you, even if you had taken one or two lessons? Well, established shops frequently turn to a

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A GUIDE TO SELECTING A COMMERCIAL DEVELOPER FOR YOUR BUILD TO SUIT

Summary: HOW TO CHOOSE A BUILD TO SUIT DEVELOPER? Choose the perfect match when picking a commercial development company for a build-to-suit project. Development might be long and difficult if your developer lacks experience. Make sure you select the right commercial development business when choosing one for your build to suit project. If your developer

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A BUILD TO SUIT DEVELOPMENT’S QUALITY CHECKING GUIDE

How to Avoid Hidden Costs during Build to Suit Development Every tenant anticipates the ultimate product to be a fully tailored area with high-quality construction when it comes to build-to-suit developments. But how can you ensure it will live up to your expectations? Implementing quality control methods for employees, contractors, supplies, and processes is important.

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5 REASONS WHY YOU SHOULD HIRE A PREFERRED DEVELOPER

Summary: Do you want to hire the best CRE developer? A preferred developer can streamline projects and save expansion expenses, helping your firm grow. Success requires knowing when and why to hire. It is not simple to hire. Finding the ideal balance of talent, competence, commitment, and quality is important. You want to choose the

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5 WAYS TO ENSURE YOUR SITE SELECTION IS IN THE RIGHT MARKET

Summary: How can you tell a “magic” site from smoke and mirrors? Commercial real estate specialists swear by various site selection tools, and a new platform appears to come up every year, promising to be better than the last. Find retail marketplaces using these steps. During the development process, commercial real estate experts will swear

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