Drawing on the expertise from 25 years’ of commercial building development and construction, the MDW Group looks beyond the obvious location details to assess the schedule, construction and occupancy costs of each site or building under consideration.
In support of this analysis the MDW Group offers in-house project scheduling and cost estimating expertise.
To assist your Team’s site selection negotiations, the MDW Group can provide site and building due diligence inspections and comparisons, and an analysis of what a proposed location can cost and why.
Building Conditions, Rules, Work Letter & Lease Cost Analysis
Building related requirements and variables can add 15% to 20% to the construction cost of a build out. These requirements in the form of Building Rules & Regulations, Work Letters, etc. are the most overlooked details in many lease transactions.
The MDW Group has built projects in over 90 Financial District buildings and has thoroughly analyzed the best (and worst) of over 200 Lease Work Letters.
From that experience we developed a 7 page checklist with over 90 detailed items that identify built in costs and items to avoid. Our analysis will add bottom line value to the negotiations of your purchase or lease contract.
Your legal counsel can tell you what those contract documents say — but we will tell you what they mean... and cost.
“I’ve worked with Marty and his team on many assignments over the years. Bottom line — his due diligence analysis and cost comparisons of lease terms and building variables have resulted in substantial savings and far better returns for our clients.”
Charles "Chip" Wiser, Senior Vice President
Cornish & Carey Commercial Newmark Knight Frank