Facility Real Estate Gear
Broker-Speak
Facility Gear for Real Estate enables you to understand real estate “broker-speak.” If you’ve never looked for a new company location or evaluated your facility location, these tools are intended to develop a value criteria matrix, lease cash flow, lease evaluation, and many other real estate-focused apps.
Importance of Location
When a company seeks a new city area for real estate expansion, it is essential to evaluate a city site located in the candidate pool, labor pool longevity, crisis management, and transportation systems.
Real Estate Gear Benefits
Using this application, you will be able to evaluate a new site’s quality criteria to ensure the site meets the company requirements—rate site criteria by industry-standard categories. Ensuring the site meets company and stakeholder requirements increases the confidence you will have a safe, healthy, and secure facility to attract and retain top talent while fulfilling your due diligence requirement.
Avoiding False Starts
Now that you have selected a new city area for your company’s expansion, you will need to evaluate several candidate buildings. FM Gear does not replace the need for real estate brokers; instead, they help your team become better prepared to engage brokers and communicate your company’s needs concisely. Having this ability will reduce or possibly eliminate misunderstandings and “false-starts” with your 3rd party consultants. This can save precious time and money in your project. Facility Gear Apps can be used on your desktop, tablet, and mobile phone. For your network security, software downloads are not required, just access to the Internet. Coming soon, the ability to convert your results into an Excel worksheet.
Due Diligence Scorecard
Real Estate – Due Diligence Scorecard
As a Facility Management professional looks to change the company footprint, determining the criteria for a company site is important. With brick and mortar facility needs changing globally such as a diminishing landscape for small business, reduced transportation schedules and more remote learning requirements, evaluating the location for the next facility is important for attracting and retaining employees.
Property Evaluation
Real Estate – Property Evaluation
When performing site tours with your new site committee the Property Evaluation App is your tool to lead the team debrief while site tour memories are fresh in their minds. Using industry standard evaluation criteria that include lease terms like expansion rights, cost per square foot and Work Letters, this tool will capture evaluations for up to eight committee members and six sites!
