Finding a suitable site is the first step in any successful construction endeavor. Let’s look at five common blunders people make when choosing a location for their new business. Error #1: Improper or Unbalanced Criteria Certain qualities or factors may begin to be favored more frequently than others, potentially making the site selection process more […]
5 COMMON SITE SELECTION ERRORS TO AVOID Read More »
When finding a location, you may already be familiar with the fundamentals of the site selection process in build-to-suit development. However, as technology and data become more sophisticated, your approach will need to become more detailed. “The goal is to turn data into information, and information into insight,” former HP CEO Carly Fiorina said. Here
3 STRATEGIC TIPS FOR SITE SELECTION Read More »
Real estate valuation is required for financing, listing, investment analysis, property insurance, and taxation. An incorrect site valuation can significantly impact the entire commercial real estate project. Because the due diligence process can be quite complicated, we’d like to look at a few factors that can help establish an accurate site valuation. Conducting a
EFFECTIVE WAYS TO ESTABLISH ACCURATE SITE EVALUATION Read More »
To ensure that construction costs are well managed, thorough planning and budgeting are implemented. However, some things will need to be changed down the road. It is where change orders come in. Change orders do not always result from poor budgeting and planning or construction errors. Sometimes they are caused by events beyond the stakeholders’
CHANGE ORDERS CAUSE ADDITIONAL COSTS Read More »
You might believe that all it takes to find a new build to suit an opportunity in real estate is a quick CoStar search. There is, however, much more to understand about the site selection process for a more practical and strategic approach. The world’s most valuable resource, according to The Economist, was oil. It’s
FACTS ABOUT DATA-DRIVEN SITE SELECTION Read More »
“Location, location, location,” perhaps the most overused real estate term to date, still rings true during the site selection process today, even if the business and technology have changed. Other factors, such as site engineering, are examined in the site investigation report (SIR). Still, several others are frequently overlooked when attempting to make the best
5 DUE DILIGENCE QUESTIONS TO ASK DURING SITE SELECTION Read More »
