Occupancy Planning & Site Selection

Occupancy Planning

Occupancy planning is an essential component of space needs analysis. It can be used to validate your growth strategy and help ensure your real estate suits your purpose or it can provide vital data for a specific project or budget planning.

Understand how you occupy your workspace, how it is changing and how to accommodate the changes.

Our goal is to give you a better understanding of your use of space and how this fits with your financial and cultural objectives

It all starts with thinking critically about the future of your business. Key steps in assessing your space needs:

Look ahead, not just 1 – 2 years, but 3-5 years and 7-10 years, if practical, in terms of headcount, production output/sales and financial plan
Consider future operational changes and anticipated growth
# financing rounds

Leasing the right space in the right location can elevate your brand.

Site Selection

The site selection process typically includes a) selecting and evaluating communities, b) a thorough review of all available yet suitable space meeting the Tenant’s criteria, c) space acquisition and d) often tax incentives. A detailed site selection averages 9 – 12 months but may take longer, including:

Define project criteria
Evaluate demographics and communities
Create short list based upon project criteria
Identify real estate sites within each finalist community
Real estate site analysis
Site negotiation and acquisition

Key questions to consider:

Geographic considerations – where do your key employees live?
How do your employees get to work? What percent drive, take mass transit, walk or bike?
Neighborhood wish list: proximity to highways, research universities, industry cluster, mass transit, restaurants/shopping or housing?

Leasing the right space in the right location can elevate your brand.