Commercial Due Diligence
Perhaps the three most important words in Real Estate are location, location, location. For most businesses or property investors, these words are of paramount importance. An investor wants to purchase property in an attractive, busy area to try to quickly maximize the value of her investment. Others may want to invest less and seek areas where growth is expected in the future. Operators of businesses such as automobile dealerships, clothing, department stores, fabrics, and design accessories, food wholesalers, furniture and home fixtures, frequently want to be close to their competitors so that consumers can shop around and compare. Other retailers need to be closer to their targeted market segment and offer easy access from and to residential areas.
Marketing oriented requirements, combined with other requirements for a particular use, whether required by the business or demanded by local ordinances, create daunting challenges. At Black Label Commercial Group, we are able to assist our clients in the rigorous demands of the due diligence or feasibility process when looking to develop a property.
Site development considerations include: