Tenant Representation
Getting to know our clients and understanding their business - Goals and objectives
- Customer profile and target demographics
- Prototypical sizes that optimize concept
- Store design, layout and special requirements
- Competition
- Co-tenancy requirements
- Site criteria
- Target occupancy costs as a percentage of sale projections
- New store start up and build-out costs
- In-depth analysis of target market areas
- Trade area competitors
Demographic profile - Available opportunities
- Traffic count information
- Ingress and egress
- Summary of asking rents, pricing and terms
- Parking
- Operating covenants, easements and restrictions
- Zoning
- Special use permits or licenses required for the intended use
- Creation of a time-line to obtain governmental approvals
- Evaluation of opportunities
- Aerial photos showing site and adjacent retail
- Site plans and floor plans
- Build-out issues
- Elevations and/or photographs
- Demographic analysis of target trade area
- Competition map showing distances to competitors
- Completion of corporate site criteria check lists
- Proposed deal terms
- Negotiations and documentation
Draft Letters of Intent- Evaluate and negotiate construction/build-out requirements
- Preparation of board level presentations for ownership’s approval
- Assist Tenant’s legal counsel with lease negotiations
- Coordinate development, construction and operation related issues with the Tenant’s project team including architect, construction manager, director of operations, consultants etc.
Project Leasing
Ability to relate to deals as an owner - Setting realistic goals and objectives
- In depth market knowledge and experience
- Optimizing site planning and tenant mix
- Marketing plans tailored to each project
- Targeted marketing efforts to specific prospects
- Utilization of industry relationships to cultivate tenant leads
- Showcasing projects on company website & commercial multi-list services
- Informative broadcast emails to real estate reps and brokers
- Follow up and regular reporting
- Use of professional signs and marketing brochures
- Negotiating Letters of Intent and Work Letters
- Shepherding Lease negotiations with landlords and their legal counsel
Acquisitions & Dispositions
Waypoint Properties has partnered with EXP Realty Advisors, based in New York, NY to provide expert investment acquisition and disposition services to its clients. EXP Realty Advisors is dedicated to making the commercial real estate investment experience more efficient.
We have a national inventory of single tenant triple net (NNN) and multi tenant retail, industrial and office properties for sale. We assist buyers looking for suitable investment opportunities and provide advanced tax strategies, including zero cash flow properties. EXP stays on top of new investment opportunities by registering with specific investment brokers and multi-listing services to receive notifications by email on a regular basis.
If you would like help finding a specific investment or you are interested in having us price and evaluate a property for you, then please contact us at info@waypointproperites.com
The following is brief overview of EXP Realty Advisors:
- EXP has over 20 years experience running Kimco Realty’s brokerage arm as Kimco Exchange Place
- EXP has an extensive national client list including GE Capital, Kimco, U.S. Properties Group, DJM, Barclay Group, SunTrust
- Specialists in investment property sales for all product types
- 6 person team with responsibility for each stage of the sale transaction
- 100% active cooperation with buyer agents
- EXP website (www.exp1031.com) averages over 200,000 hits per month
- Buyer Database: EXP’s proprietary database has over 16,000 buyer and broker contacts nationally
- EXP averages over $300 Million in property listings
- Over $1 Billion in investment property sold since 2001
- Over 300 investment sale transactions since 2001
- Investment sale transactions in 37 states since 2001
- 34 investment sale transactions CLOSED since January 2009
- Over $90 Million in investment property CLOSED since January 2009
- Investment sale transactions CLOSED in 17 states since January 2009
Development Services
Due diligence- Feasibility analysis
- Environmental inspection oversight
- Procurement of entitlements
- Site planning and architectural input
- Economic impact analysis
- Negotiating Municipal Incentive Agreements
- Coordination of civil and traffic engineering
- Contractor selection and oversight
Construction budgeting- Pro forma development
- Anchor Tenant negotiations
- Procurement of financing
- Financial underwriting and analysis
- Disposition strategy
10 West Hinsdale Avenue
Hinsdale, IL 60521
Office: (630) 590-5501
Fax: (630) 590-5502
info@waypointproperties.com
