Acquisitions and Disposals

As the agent acting on behalf of a client searching to buy land or buildings, Choyce Peterson serves as the critical eyes and ears of a client, identifying the range - and limits - of available opportunities.

This assures a client that the handful of opportunities identified are those that best suit the client's requirements.

To provide this critical market insight, Choyce Peterson has developed a database of brokers, owners, developers, state and local economic development contacts to assist the firm in its search for opportunity, giving clients confidence in their purchasing decision.

Finally, Choyce Peterson's negotiating experience and presence on the team offer an arm's-length position, which benefits the client. When appropriate, Choyce Peterson's clients maintain complete anonymity throughout the process.

For a client seeking to purchase real estate, Choyce Peterson can:

  • Provide comprehensive market analysis and property valuation.
  • Explore availability of properties not formally listed.
  • Assemble most favorable contract terms, from initial offer through final contract.
  • Quantify and summarize pros and cons of various alternatives to facilitate ranking of options available and, ultimately, decision-making.

Disposals

Whatever the reason for disposal of space, Choyce Peterson can evaluate lease documents to help identify a disposition strategy and the issues concerning a sublease, cancellation, buyout or recapture by the landlord. In addition to gauging the impact of local market conditions, Choyce Peterson's lease review addresses restoration requirements, subleasing and marketing restrictions, landlord notice and consent issues.

Choyce Peterson can provide an opinion regarding the probability of success of one of these strategies from a supply and demand point of view and relative to the conditions of the master lease. Rather than turning to a landlord's agent, appointing Choyce Peterson assures the best buyout, recapture, or sublease negotiations. If subleasing, Choyce Peterson's expertise puts the sublease space on a level playing field with space that might be on the market directly from the landlord and competing buildings.

Choyce Peterson can provide:

  • Complete exploration of all available options for space disposal.
  • Pre-negotiation analysis of market conditions and feasibility of available alternatives.
  • Comprehensive present value analysis of the financial impact of alternatives.
  • A multifaceted sublease marketing program that includes:
    • broker and public internet database listings
    • mailings of data sheets and floor plans
    • phone calls, and personal canvassing of area tenants and brokers.