COMMERCIAL DUE DILIGENCE

Perhaps the three most important words in Real Estate are location, location, location. For most businesses or property investors, these words are of paramount importance. An investor wants to purchase property in an attractive, busy area to try to quickly maximize the value of her investment. Others may want to invest less and seek areas where growth is expected in the future. Operators of businesses such as automobile dealerships, clothing, department stores, fabrics, and design accessories, food wholesalers, furniture and home fixtures, frequently want to be close to their competitors so that consumers can shop around and compare. Other retailers need to be closer to their targeted market segment and offer easy access from and to residential areas.

Marketing oriented requirements, combined with other requirements for a particular use, whether required by the business or demanded by local ordinances, create daunting challenges. At Black Label Commercial Group, we are able to assist our clients in the rigorous demands of the due diligence or feasibility process when looking to develop a property.

SITE DEVELOPMENT CONSIDERATIONS INCLUDE:


  • AVAILABILITY OF UTILITIES
  • ENVIRONMENTAL ISSUES
  • EXISTENCE OR ABSENCE OF IMPROVEMENTS
  • DEVELOPMENT COSTS (FOR RAW LAND)
  • REPAIR AND IMPROVEMENTS COSTS (FOR PROPERTIES WITH IMPROVEMENTS)
  • ROAD ACCESS AND PARKING
  • ROOM FOR EXPANSIONLEASING & SELLING OF COMPLETED BUILDINGS
  • SITE SELECTION

Improvement considerations include:


  • BUILDING SIZE, CONDITION, AND SUITABILITY FOR CLIENT’S REQUIREMENTS
  • RENTAL RATES FOR SIMILAR PROPERTIES
  • VACANCY RATES IN THE IMMEDIATE MARKET
  • PRESENCE OR ABSENCE OF LONG-TERM TENANTS
  • WHETHER MARKET LENDERS CAN FINANCE 
  • THE PROPERTY ACQUISITION AND/OR 
  • PROPOSED IMPROVEMENTS
  • PERMITTING ISSUES FOR INTENDED USE, 

EVEN IF THE PROPOSED USE IS LIKE THE PREACQUISITION USE

Other Services

COMMERCIAL INVESTMENT Analysis and Brokerage Services

Houston has one of the largest and most active commercial real estate markets in the United States. As a result investors from all over the country along with many international investors have focused their attention on Houston. Black Label Commercial Group has a tremendous track record with our investment clients. Whether they are looking for industrial, multifamily, retail, office or land, Black Label has the experience that serious investors expect from there brokerage team.

COMMERCIAL FINANCING SERVICE

Nothing is worse than working on a project for months on end only to have the financing fall through at the last minute.  Black Label 

Commercial Group fully understands the importance of having a reliable lender in place from the beginning of a transaction. We have formed great relationships with many lenders and equity groups around the country in order to give our clients the options they need to get the job done.


COMMERCIAL SITE & DEVELOPMENT PLANNING SERVICE

Black Label Commercial Group is proud to be known as one of the leading users of the revolutionary SITEOPS technology. SITEOPS generates millions of iterations of site grading and construction solutions in order to narrow in on the one that is the most cost-effective.

COMMERCIAL DEVELOPMENT & BUILD TO SUIT

Black Label Commercial Group has consulted on numerous full-scale ground-up developments over the last 15 years. This can be a very complicated and challenging undertaking for anyone that has never been involved in the development process from beginning to end. We strive to streamline this process for our clients and make sure there are no costly surprises waiting for them to uncover on their own. Black Label has made it a point to form strong relationships with some of the best engineers, architects and general contractors in the Houston area so that our clients can rest assured they are working with the right professionals.

COMMERCIAL DUE DILIGENCE

Perhaps the three most important words in Real Estate are location, location, location. For most businesses or property investors, these words are of paramount importance. An investor wants to purchase property in an attractive, busy area to try to quickly maximize the value of her investment. Others may want to invest less and seek areas where growth is expected in the future. Operators of businesses such as automobile dealerships, clothing, department stores, fabrics, and design accessories, food wholesalers, furniture and home fixtures, frequently want to be close to their competitors so that consumers can shop around and compare. Other retailers need to be closer to their targeted market segment and offer easy access from and to residential areas.

COMMERCIAL SITE SELECTION SERVICE

When looking for a site to develop for either investment purposes or a new facility for business use the list of concerns appears to be never-ending. At Black Label Commercial Group we have worked on hundreds of land transactions and our services go well beyond simply negotiating the price. Our team of professionals has access to some of the best engineers, surveyors and environmental consultants in the Houston area and we get them involved on our client’s deals as soon as possible.

COMMERCIAL REAL ESTATE PROJECT DESIGN SERVICE

Figuring out how to get started designing a project can be a daunting task if you have never done this before. Black Label Commercial Group recognized this a long time ago while working with clients on development & rehab projects. By selecting the wrong architect and/or engineer we have seen clients cost themselves enormous amounts of time and money.

COMMERCIAL CONTRACTOR SELECTION SERVICE

Black Label Commercial Group has assisted many clients with their construction needs and as a result, we have a deep understanding of the construction process and the issues that arise throughout the course of a project. There is no one size fits all when it comes to selecting the best contractor for your project.

There are many factors that can determine our reference of one general contractor over another one, such as: