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Real estate is a constantly changing asset. Tracking real estate trends, legislation, and markets is beyond the capabilities of most companies. CRA’s Corporate Services offers a cost-effective alternative to hiring and managing an in-house real estate department.
CRA assembled a diverse team of experienced executives to provide CFOs, Real Estate Executives, and other decision makers with a one-call resource for all their real estate concerns. Our Corporate Services team has worked in all areas of commercial real estate and has the extensive experience and problem-solving skills necessary to help clients manage complex real estate issues and get their assets rapidly adapted to their changing needs—minimizing costs and maximizing profits.
CRA’s Corporate Services can help companies minimize their overhead and the pressures of managing their real estate needs in a number of ways, including:
- Freeing companies to focus on their core competencies.
- Keeping costs in line with changing business needs—outsourcing can increase or decrease—without hiring or firing.
- Creating additional leverage in negotiations with landlords.
- Reducing expenses by facilitating quicker store/office openings, more efficient procedures, etc.
- Freeing executives from the task-oriented demands of real estate management, leaving more time to focus on strategic issues.
- Providing real estate industry expertise.
Specific CRA Corporate Services include:
- Real Estate Director/Coordinator Roles
- Strategic Planning
- Acquisition and Disposition of Assets (Transaction Management)
- Lease Negotiations and Re-Negotiations (Transaction Management)
- Surplus Property Management (subleasing, assignments, buyouts and landlord re-captures)
- Lease audits, including review of CAM and NNN charges from LL
- Site Selection (research and visit, streamlined site-selection process)
- Lease Management/Administration (tracking lease terms, options, key dates)
- Market Analysis
- Asset/Property Management
- Facility Management
- Municipal and Environmental Regulatory Compliance
- Negotiations-in-Progress Tracking
- Develop and Foster Relationships with LL’s and Developers
- Oversee and Coordinate PM issues for Leased facilities
- Consolidation and Downsizing Management
- Re-location and Store/Office Closing Management
- Permitting and Construction Feasibility and Compliance
- Security and Safety Management
- Partnerships with local brokers to ensure field-level market knowledge
- Vendor Relations—challenging broker networks to be objective, creative, and focused on the company’s best interests
- Analysis of market data and select store location based on consumer analysis, geographic factors, and store analytics
- Pro-forma development
- Square feet audits, including analysis of rentable vs. usable, “as-built” measurements from architect
- Project management
- Store/Space planning and design
- Permitting and Construction Feasibility and Compliance
Contact:
Herb W. Valentine
Brian J. Lynch
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