Three Phase Approach
Phase I: Client Market Analysis
Client Profile
- Business Strategy
- Competitors
- HR
- Image/Culture
- Operations
- Technology
- Organizational Chart
Needs Analysis
- Present Occupancy Scenario
- Location Requirements
- Building Requirements
- Space Requirements
- Floor Layout Requirements
- Improvement Requirements
- Amenity Requirements
- Timing Requirements
Market Review
- Identify Markets
- Identify Buildings and/or Sites
- Assemble & Verify Data
- Present Opportunities and Market Information
Market Tour
- Pre-visit selected Properties
- Schedule Property Showings
- Tour Properties with Client
Phase II: Select Building & Negotiate Lease
RFP Process
- Draft Request for Proposal
- Review RFP
- Send RFP with Short List
Deal Analysis
- Receive Proposals
- Financial Analysis
- Functional Analysis
Preliminary Negotiation
- Select 1-3 top alternatives
- Approval of space plan. Request final and best offer
- Development of construction budget
- Select top choice and backup
- Recommend legal counsel
- Prepared letter of intent (LOI)
- Receive and review these documents
- Negotiate lease terms
- Execute lease documents
Phase III: Manage Design, Construction, and Move-in
Design
- Appoint tenant contact
- Prepare construction documents
- Ordinate FF&E package
Construction
- Issue bid packages
- Analyze and recommend
- Higher contractor
- Value enginee
- Manage construction
- Tour premises
Move-in
- Install furniture
- Install voice and data
- Complete punch list
- Execute start date agreement