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Site Acquisition

How a Full-Service Commercial Real Estate Advisor Adds Value from Site Selection to Disposition

What a full-service commercial real estate advisor actually does — from site selection and underwriting through leasing, asset management, and disposition.

How a Full-Service Commercial Real Estate Advisor Adds Value from Site Selection to Disposition

Most owners and occupiers don’t need another broker. They need one advisor who owns the outcome from the first site tour to the closing statement.

Commercial real estate is usually sold in pieces. One firm sources the site, another negotiates the lease, a third manages the asset, and a fourth eventually sells it. Every handoff loses context — and context is where the money is.

Site Selection

The work starts with the trade area, not the listing sheet. Traffic counts, daytime population, competitor cannibalization, access and egress, utility capacity, and entitlement risk all get scored before a letter of intent is drafted. On-market inventory is table stakes; the sites worth having are usually assembled off-market from owners who were never formally selling.

Underwriting and Structure

A site only performs if the deal structure lets it. Rent, escalations, TI allowance, free rent, exclusives, co-tenancy, and exit clauses each carry a present value. Modeling them together — rather than negotiating rent in isolation — is what separates a market deal from a good one.

Leasing and Stabilization

Once the asset is delivered, the merchandising plan drives value: which uses go in which suites, which tenants pull traffic for the rest of the center, and which credit profiles a lender will underwrite at the lowest cap rate.

Disposition

The exit is engineered years before it happens. Lease expirations get laddered, rents get marked to market, and the rent roll gets cleaned so a buyer can underwrite it in an afternoon. When the file is clean, the process is competitive and the pricing shows it.

Why Continuity Matters

An advisor who selected the site knows why the deal was structured the way it was, which is exactly the knowledge a buyer’s diligence team will test five years later. That continuity compounds — in basis, in NOI, and in exit pricing.