Call us toll free at 888.742.0630
Strategic Planning
Every client is different. Every situation unique.
We approach Strategic Planning on an individualized basis. In each transaction we will work with you to help establish goals and objectives and then formulate a plan to meet your needs.
The Strategic Planning process may involve any of the following:
- Inventory of facilities
- Current lease obligation evaluation
- Personnel and space requirements
- Financial evaluations / Financial modeling
- Parking and public transportation assessment
- Preferred amenities
- Determination of transaction
Market Analysis
Kick the tires without leaving the office.
With the latest advancements in software and technology, we can provide you with a wealth of information while making the best use of your time. We can show you all buildings in any market and track the latest market trends in the comfort of your own office.
We can provide you with the following:
- Virtual tours of available space
- Vacancy / Absorption Reports
- Market trends
- Historical market data
- Photos, available space, and floor plans for any building anywhere
Site Selection
Feel confident that you’ve found the best fit.
With your target market selected, it’s time to find all the available space that fits your parameters. We will search and find all of your options whether the space is existing, under construction, build to suit or land that meets your needs.
We will tour the sites with you and help you assess the details, from objective factors like cost and size, to subjective evaluations like stability of ownership and sufficiency of construction allowances.
We will then send out our customized Requests for Proposals (RFPs) or offers to purchase to the leading contenders.
Financial Analysis
The bottom line: you’ll make the best decision.
Once we get the responses from our RFPs or offers to purchase we create a financial model to help evaluate each alternative. Like any business decision, real estate transactions are driven by financial considerations.
Utilizing the most advanced software systems, we assess all of the factors in your transaction including:
- Rent projections
- Escalations
- Common area charges
- Relocation costs
- Tenant improvements
- Expansions
- Parking costs
- Efficiency factors
- Financing alternatives
All recommendations account for Net Present Value so you can make the most informed decision possible.
Negotiation
A clear goal. A solid plan. A wealth of experience by your side.
Negotiation is our business. We bring years of experience and a thorough understanding of the market to each transaction – whether for a long-term lease of a large office / warehouse complex or a short-team sublease for a small business.
The success of each negotiation begins with preparation. That is why proposals which address all financial and business objectives are sent early in the process.
Then, because we have quantified and defined your objectives, we can guide the process along as necessary. Working closely with our client’s management and legal counsel, we see every detail through until completion.
In the end, you’ll have a transaction that is financially more rewarding, and a workplace that is more productive.
Project Administration
Turn-key service for your entire transaction.
There is a lot more to a real estate transaction than the contract. Our philosophy is to address all of your needs.
We have assembled a team of experts to help throughout the process. Through years of experience, we have created local alliances in many markets that can assist you with:
- Space planning / Architectural services
- Work place Strategy
- Legal counsel
- Design build
- Accounting / Lease auditing
- IT
- Security
- Furniture
- Construction management
And whenever these specialists are engaged, we will take the lead as the project manager making sure the entire process goes smoothly.
Lease Administration
Make sure you get the most out of your lease.
Your lease is a living document. It is not only relevant when signing or renewing, but throughout your occupancy.
We will continue to keep you appraised of changes in the market and advise you in lease renewals, expansions, potential purchase / joint venture considerations, relocations, and other long-term needs.
Your lease will contain key provisions and dates that we will manage through our own software. We will monitor:
- Options to Expand
- Rights of First Refusal
- Options to Extend
- Options to Terminate
Taking action before key dates regarding any of these provisions will yield the most economic benefit and provide you with the most leverage.
TOLL FREE: 888.742.0630
PHONE NJ: 973.334.7200
PHONE NYC: 646.863.8550
EMAIL: eladden@yourcornerstone.com