Site Selection Analysis
Our background as owners and service providers to owners, has positioned Sullivan Realty LLC to offer the same high quality of services to users of real estate. The result is a comprehensive program geared to the specific needs of our tenant clientele. The following represents the scope of services provided by Sullivan Realty LLC .
1. COMPLETE ANALYSIS OF THE CLIENT’S NEEDS
NEED ANALYSIS SUMMARY
Research Analysis - Collects and coordinates all necessary information,
such as building availabilities and market lease terms.
Financial Analysis - Analyzes alternative leasing plans, build-to-suit
and/or ownership alternatives.
Design and Construction Supervisor - Manages and coordinates the designers
and contractors on behalf of the Client.
Property Management Consultant - Will assist in evaluating operating
expenses, real estate taxes, and building mechanical systems.
Labor Demographics along with Site Analysis -local and state incentive
programs.
Logistics Analysis- inventory control, outsourcing alternatives and
personal property tax abatements.
Additional Services – To include a systematic plan through the
Request for Proposal process and selecting space planners/architects,
and design-build contractors.
REVIEW CORPORATE PLAN
Long-term leases of real estate represent a major commitment of resources.
These decisions impact on the productivity of personnel, operating cost,
and the company image.
To ensure the compatibility of your real estate meets with your requirements,
we will work with you as may be necessary to identify the following:
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REVIEW CURRENT FACILITIES
The best way to understand whether an organization should move, and
if so where, is to
understand fully where it has been and why it is located at a particular
location. Through discussions with the appropriate personnel, we will
identify the positive and negative aspects of your current facilities,
spatially, operationally and financially. Through facilities audits
and leasehold audits of your current locations, we will begin planning
your future space requirements.
FACILITIES AUDIT
Efficiency is the essential requirement of business today, yet some
companies fail
to consider whether they are using their facilities efficiently. It's
not simply a question of space reductions. More importantly, it deals
with the improving of working relationships.
MARKET ANALYSIS
You should have at least two primary real estate goals:
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2. ANALYSIS OF THE ALTERNATIVES
LOCATION ALTERNATIVES
It is a financial analysis (cash flow, present value and internal rate
of return) of the following factors:
Non Real Estate Factors - Business operating expenses and revenues which
are affected by location. These may include transportation costs, staffing
expenses, corporate and personal tax rates and ability to service clients.
Real Estate Factors - All expenses for owning or leasing space are determined.
This financial analysis of locations combines business and real estate
factors.
FINANCIAL ALTERNATIVES
An abbreviated list of alternatives which may be studied includes:
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From this process we will be able to develop a profile for your facilities.
3. MANAGEMENT AND CONTROL
Throughout all stages of the analysis and lease renewal
or relocation process, being on time and within budget is of utmost
importance. Sullivan Realty LLC will assist you in planning real estate
schedule and budget.
The elements of our management and control process are:
| SCHEDULING | COST CONTROL |
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