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.

Read More
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.

Read More

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.

Read More
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.

Read More
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.

Read More
Leasing, Tactics, Strategy Chuck Berger Leasing, Tactics, Strategy Chuck Berger

Why Some Commercial Real Estate Lease Structures are Better than Others-Lease Termination Options

I will discuss some of the reasons why options to terminate are desirable, their common types and structures, and analyze their use in commercial real estate transactions. Lease termination options can be negotiated into some lease agreements under certain conditions. Perhaps more than any other option right, in order to successfully negotiate a lease termination option to terminate the party desiring the right must have an awareness of the negative implications for the other party, and a willingness to provide reasonable solutions to address those implications if required.

Read More