Development
There are 3 major phases of development
- Pre-Development
- Construction
- Post-Development
Pre-Development
Site Acquisition and Diligence:
- Market or Portfolio Evaluation
- Site Selection
- Lease or PSA negotiations
- Site Due Diligence to include environmental review, site design, value engineering, entitlement and zoning review, etc.
- Initial Pro Forma
- Lender and Investor Financing
- Site closing
Construction
site improvements and building construction elements
- Environmental Remediation
- Other Site work
- Foundation pouring
- Building work: Site utilities, Framing, Roofing, HVAC
- Interior work: Electrical, HVAC Distribution, Drywall, Flooring, Paint, Fixtures
- Other On-site Work including Site Grading, Paving Parking, Landscaping
- Off-Site work, such as traffic mitigation requirements (deceleration lane, for example), sidewalks, utility support
- Inspections
- C/O and Tenant possession
Post-Development
site marketing, remaining leasing, disposition
- Lease up and additional tenant acquisition
- Property Management
- Site Security / Surveillance
- Sabilized asset evaluation
- Marketing / Advertising (parts of which can be completed during other two phases as well)
- Disposition and any outstanding legal issues
- Any outstanding financial concerns such as refinancing if long term hold is considered
Benefits of working with Leaders Brokerage
- Market evaluation and Opp Zone identification
- Board Presentations & Site Submittals
- Large format mapping
- Demographic Site Evaluations
- Risk Assessments including competitive evaluations
- Land/building negotiations working in tandom with developers to achieve the best possible tenant rates
Benefits of working with Leaders Brokerage
- Options for development structure including Build-To-Suit, Fee Development, Sale-Leaseback, Ground Lease, Reverse BTS
- Co-Tenant flexibility for optimized lease rates
- Prioritization for anchor tenants
- Value Engineering
- National platform with the ability to work anywhere in the United States
- Move into a turn key facility with minimal RE development effort
- Transparent process with anchor tenant access to development spreads and ratios