Site Selection
When developing facilities, you must often buy, sell or lease a real estate asset, but managing these transactions takes time, resources and a focus away from your own business. NWR Consulting brings you the knowledge and experience required for Site Selection to perform site investigations, analyze suitability, and to manage and direct the acquisition or disposition of real estate assets.
The Site Selection Process- Determine strategic real estate objectives, facility requirements and establish transaction timeline.
- Select local representation, complete the market survey and determine candidate properties.
- Prepare a specific Request For Proposal (RFP) addressing all transaction and facilities requirements.
- Prepare a matrix comparing the key aspects of each proposal, as well as an analysis of each respondent’s reputation, management capabilities and financial stability.
- Determine a short list of candidates and tour the properties.
- Investigate available infrastructure.
- Investigate local government regulations/incentives.
- Manage and coordinate the final execution of the occupancy acquisition/transaction.