Real estate decisions have a lasting influence on a retailer’s ability to succeed. From site selection to negotiating the best lease or purchase price, Scout Property Group understands that you are not just looking to “do a deal,” but to make the decisions that are right for your business.
For clients considering relocation, expansion, or acquisition of multiple locations, we research market conditions for specific and sometimes complex corporate or Franchisor requirements. Drawing on the expertise of professionals with hands-on market experience, Scout Property Group can identify and evaluate locations in both local and regional markets. Through our property databases and market knowledge, we can provide information to clients on sites available in the market place. Whether you need multiple new retail locations, or a build-to-suit warehouse facility, Scout Property Group can identify and evaluate locations in any regional market.
Process
The site selection process includes a detailed evaluation of project needs which are then measured against the merits of potential locations. The process typically includes selecting and evaluating communities, real estate site analysis and acquisition, and may include negotiating tax incentives.
According to the U.S. General Services Administration, site selection considerations should begin early in the capital development process and play a significant role in pre-planning discussions. The process includes the following steps:
- Define project criteria
- Evaluate communities
- Create short list of communities based upon project criteria
- Identify real estate sites within each finalist community
- Real estate analysis
- Negotiate tax incentives
- Site acquisition
Scout Property Group can assist you to better understand and satisfy your objectives for relocating or starting from scratch.
