Physical and operational fit
Size, configuration, loading, parking, specialized improvements, utilities, security, access, and other property requirements.
Site selection
Start with the operating requirement, then define the search area.
A site search begins with the intended use and the operating requirements a property must satisfy. Location, access, labor or customer reach, physical criteria, occupancy cost, flexibility, and delivery timing establish the basis for screening alternatives.
The search field
Use the requirements to narrow the market.
The search area is refined through operating, geographic, property, and transaction screens. Locations that fail a required criterion are removed; the remaining alternatives advance with a documented reason for inclusion.
Begin with what the real estate must enable.
Document the use, physical requirements, workflows, access needs, workforce or customer considerations, future flexibility, and timing before defining the search boundary.
Draw the market around the operating requirement.
Use access, transportation, workforce, customers, service territory, logistics, competing supply, and relevant submarket conditions to define the viable geography.
Compare every property against the same criteria.
Test physical fit, occupancy economics, improvements, control, flexibility, availability, delivery, and transaction implications without losing the original requirement.
Carry the qualifying alternatives into execution.
Connect the shortlist to lease-versus-own analysis, tenant representation, acquisition diligence, negotiation, and the approvals required for a final decision.
Site-selection criteria
A viable property must satisfy the critical requirements.
The search begins with the use and operating plan, not the listings currently being marketed. Required criteria are separated from preferences so locations and properties can be compared consistently.
People, customers, and movement
Workforce, customer or patient access, suppliers, transportation, service territory, freight movement, and travel patterns.
Full occupancy consequences
Rent or ownership cost, operating expenses, improvements, capital use, relocation costs, incentives where applicable, and timing.
Flexibility and future options
Lease or ownership structure, growth capacity, expansion or contraction rights, operational control, delivery, and exit considerations.
From search area to shortlist
Document why each property remains on the shortlist.
For each shortlisted property, record compliance with the requirements, occupancy economics, outstanding diligence, delivery timing, and unresolved tradeoffs.
Establish the non-negotiables.
Define the conditions that must be satisfied and the preferences that can be traded against economics, control, or timing.
Identify the real competitive geography.
Use submarket conditions, available inventory, access patterns, relevant demand, and property-type evidence to set the field.
Compare properties consistently.
Record how each alternative performs against the brief, where diligence is required, and which tradeoffs remain unresolved.
Keep the requirement intact through negotiation.
Carry the selected alternatives into occupancy analysis, diligence, negotiation, approvals, and transaction documentation.
Regional site selection
Define the geography from the operating requirements.
Urban, suburban, corridor, access, infrastructure, and user considerations change with the operation and property type.
Research, advisory, and representation
Research defines the viable geography and available alternatives; advisory compares occupancy and ownership options; representation carries the selected property into negotiation.
EvidenceSubmarket Research
Define the geography and current competitive conditions behind the search.
↗StructureLease vs. OwnCompare occupancy alternatives when the shortlist includes both structures.
↗LeaseTenant RepresentationCarry the requirement through outreach, comparison, negotiation, and documentation.
↗OwnershipAcquisition ExecutionAdvance an ownership alternative through diligence, negotiation, and closing.
↗Define the search
What operating, property, location, cost, and timing requirements should the search address?
Share the use, operating geography, physical requirements, timing, and current alternatives.