Services > Real Estate Procurement
Procuring real estate for a branch project is surprisingly complex.
You need to find sites that match your objectives and design goals, conduct a technical analysis of each site, perform due diligence activities, prepare a report, negotiate a lease or a purchase and sale agreement, and more. Our team has done this process countless times and will walk you through every step of the way by helping you lease or purchase property with confidence knowing the true costs involved and the work that needs to be done to bring your branch experience to life.
How We Do It
Finding the Right Site
The right location makes all the difference. We start by working with a trusted local commercial real estate broker, creating a targeted long-list of potential raw-land, existing building, or lease locations that meets your high-level requirements for the branch. Then we work with your team to tour these properties and evaluate them with your strategic and design goals for the branch by narrowing the selection down to a short list.
Technical Evaluation
With a short list in hand, we move on to a technical evaluation of potential properties. This includes a test-fit floor plan (or site plan for new construction) for you to visualize how your branch will fit into the space (or on the site). We also develop a Rough Order of Magnitude budget for each property to understand the cost of construction as well as a lifecycle cost analysis that projects the total cost of occupying and operating the branch. The result of this process gives your team a better understanding of how each property can support your branch.
Performing Due Diligence
Is this site or building ready for you to build? Are there any hidden surprises? What is the permitting process? We perform a thorough due diligence process that will give you a clear picture of the path ahead.
This includes the following:
At the end of the due diligence process you will be able to make a go / no-go decision with confidence.
Real Estate Procurement Insights
