Our team will conduct:

• Geographic Area Analysis Location, zoning, labor pool, customer base, public transportation, exposure, signage

• Space Analysis
  Industrial Requirements: Land size, building size, building specifications, transportation, power, loading, ceiling height, office components, outside storage, trailer and truck parking, sprinkler density
  Office Requirements: Building size, building class, amenities, floor plan, parking

• Budget: Pricing and cost analysis, real estate taxes, additional rent, loss factor, tenant fit-outs,  and general concessions

• Timing: Developing a timeline and meeting certain critical deadlines

Points the team will examine include:

• Business strategy and operational requirements

• How business strategy and goals impact, and are impacted by the various locations’ facility terms and conditions

• Operational preferences, such as flexibility, image considerations, and timing

• Demographics

• Infrastructure requirements

• Existing physical and location conditions

• Evaluation of current occupancy relative to market conditions (for leases)

• Future resale value (for purchases)

• Current and projected space requirements

• Present and future space utilization goals

• Relevant financial objectives to accurately assess the financial implications of available and potential options

• Strategy and criteria for site selection

Our team will:

• Conduct a comprehensive market survey to identify available locations

• Analyze prevailing market conditions

• Identify locations that meet the requirement

This interpretation of the data narrows the appropriate alternatives and aides in developing a negotiation strategy. Garden States Realty's team will:

• Vet all opportunities that have the potential to satisfy our client's requirements for accuracy

• Conduct tours of the most qualified locations with our clients, outlining the advantages and challenges to create a shortlist for in-depth analysis

• In addition, Garden State Realty will assist in coordinating inspections; a technical review of the facilities infrastructure

• Prepare and issue to Landlords and developers  RFP’s/Proposals or Purchase Offers  that encompass all the pertinent business terms that will eventually be included in a Lease or Purchase and Sale Agreement

• Analyze and evaluate proposals, present counter proposals and perform a financial analysis of each option

The objective is to create competition among owners for our client’s transaction through informed, strategic preliminary negotiations of business terms.  The greater the competition, the greater the benefit to our clients.  The goal is to minimize cost and optimize value. 

After the transaction is completed our team will prepare an abstract that summarizes the key points. For leases, important provisions and critical dates, such as expiration, expansion, termination, and extensions are documented. For Purchases, where they apply, any follow up points, such as inspection dates, approvals and building documentation acquired during the purchase process is organized and delivered.