SITE SELECTION AND DEVELOPMENT PROCEDURESSubmitted by webmaster on Tue, 11/17/2009 - 14:50
Given the recessionary state of the economy and the current decline in both white-and blue-collar jobs, it might seem inappropriate to consider constructing a new facility or relocating an existing one. Nothing could be further from the truth. In fact, for companies primarily housed in office buildings, this is an excellent time since there is such an excess of office space that truly incredible deals can be negotiated. It is not unusual for large space users to negotiate very low long-term rentals with owner's of low occupancy new buildings. This can result in part ownership of a building or complex, along with numerous other concessions and considerations that several years ago were unheard of.