Most businesses encounter the commercial real estate industry at a single moment. A lease is expiring, a location has been outgrown, or an expansion needs somewhere to go. The instinct is to call a broker and ask what is available. That call produces a list of options, and the company picks from the list.
The harder questions often never surface. Should this location be owned rather than leased? Is this even the right market? What happens to this commitment if the headcount looks different in three years? Commercial real estate advisory exists to work through those questions before the search for space begins. continue
By SVN Staff