How to Evaluate Logistics Properties: How Companies Can Focus on What Matters in Site Selection in Infill Areas

Site selection involves evaluating on-site and off-site factors of properties under consideration. This post discusses four key concepts in site selection, common on-site and off-site factors for distribution, and common on-site and off-site factors for manufacturing uses.

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Site Selection, Leasing, Buying, Strategy, Tactics Chuck Berger Site Selection, Leasing, Buying, Strategy, Tactics Chuck Berger

Tire Kicking: How Misalignment and Indecisiveness in Site Selection will Work Against You

Companies who are indecisive about leasing or purchasing an industrial property are often still in the exploratory phase of site selection. They have not obtained internal alignment on the project and are not ready to actively pursue available options. Therefore, their tire kicking is often a symptom that the company has not completed a prior required step in the site selection process, not that they are pre-disposed to being indecisive or unaccepting of anything less than perfection.

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Aligning Your Site Selection Process to Avoid Delays in Commencement

With such a lack of available and vacant space to choose from, companies should pay particular attention to how they are negotiating possession and lease commencement in new lease agreements and how they are communicating with their current landlord if there is a possibility of holdover.

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Leasing, Real Estate Finance, Tactics, Strategy Chuck Berger Leasing, Real Estate Finance, Tactics, Strategy Chuck Berger

How Can I Blend and Extend My Lease in a Landlord's Market?

The blend and extend lease renewal can be an advantageous transaction for both the Landlord and Tenant in markets favorable to the landlord or tenant. In either case, it is important for each party to quantify the positive and negative aspects of a proposed blend and extend transaction, especially its financial impact to each respective organization.

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Leasing, Buying, Ownership, Tactics, Strategy Chuck Berger Leasing, Buying, Ownership, Tactics, Strategy Chuck Berger

What Insurance is Needed for an Industrial Property?

In many ways insurance is an unsung hero in industrial real estate. It allows interested parties to insure themselves and other parties. Without it, the financial risks associated with the ownership of and operation within industrial real estate would be discouraging, if not disqualifying, to prospective industrial property owners and occupiers.

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