BROKERAGE SERVICES

As owner representatives, we formulate and implement comprehensive marketing strategies that expeditiously identify and reach targeted office, industrial, or retail tenants or purchasers. Situs Properties, Inc. represents tenants and buyers in the lease and acquisition of property, assisting them in defining the acquisition criteria as well as identifying and evaluating all options. We also form syndications, partnerships and joint ventures for real estate investment.

Landlord Representation

As Landlord representatives, Situs Properties, Inc. implements strategies for obtaining an optimal retail tenant mix, or the “highest and best use” for a property. We use direct mail, public relations and advertising to effectively reach any targeted market. Vacant or partially developed land is evaluated for the greatest development potential by reviewing current or pending zoning restrictions. We can call on an array of affiliated engineering and land development professionals to consult where appropriate.

Asset Disposition

Situs Properties, Inc. will implement a marketing strategy for the sale of investment or user real estate resulting in maximum exposure to the marketplace and achievement of the highest possible sale price. We maintain relationships with most of the prominent investors and developers that are actively engaged in real estate investment in the Philadelphia metropolitan area, and can quickly reach prospective purchasers. Situs Properties, Inc. forecasts an asset’s financial performance by analyzing current market conditions and future trends.

Investments

When positioning investment real estate for sale, Situs Properties, Inc. will implement a leasing strategy consistent with investment objectives leading to maximization of the price achieved at the time of sale. We pair investor criteria and risk with the appropriate real estate investment. When structuring a transaction or ownership entity, we evaluate tax exposure and deferral. We can assist in obtaining favorable financing terms to enhance the return on investment. When selling owner occupant real estate, we can identify prospective buyers both by type of business and geographically so as to quickly and efficiently implement an effective marketing strategy.

Tenant Representation

Situs Properties, Inc. acts in the capacity of site selection for a number of users of office, retail and industrial facilities. When selecting properties that meet client requirements, we analyze population demographics, transportation patterns, corporate and personal taxation, operating costs and renovation expenses. Our database of existing properties and extensive market knowledge enables us to identify all available properties and compare their features and benefits. We also analyze the merits of renovating an existing facility relative to new construction.

Site selection is customized depending on the type of property that is required. Retail facilities are chosen based on retail exposure and access to target markets. Offices are typically chosen based on corporate image and locality to key employees and customers. Medical facilities typically require exposure, ease of access, and strong identity. Manufacturing facilities are typically located near employees and distribution networks, and distribution facilities need to be strategically located with access to major road networks.

When suitable alternatives are identified, we perform detailed financial analyses including rent projections, analysis of operating expenses, and estimates for additional rent enabling clients to compare alternatives on an even basis. Market trends, supply and demand, future availability and a myriad of subjective factors are taken into consideration when making recommendations. We recognize that capital commitments associated with purchasing or leasing real estate are typically significant, and every detail is carefully examined on behalf of our clients.

APPRAISAL SERVICES

Valuation services are frequently required for tax or financial planning purposes, or as a result of a merger or acquisition. Situs Properties, Inc. provides appraisal services for estate planning, tax assessment reductions, litigation support, and compliance with regulations as is the case in healthcare where business contract terms need to be at market value. Appraisals are enhanced by our comprehensive knowledge of sale and lease transaction details and relevant markets.

CONSULTING SERVICES

Situs Properties, Inc. is frequently retained in a consulting capacity by owners and tenants when a specific transaction is already in process. We can assess the issues and map a course for completing the project expeditiously. As a consultant to either a tenant or a property owner, we can assist in the achievement of the stated objectives, and make recommendations on the maximization of value. When acting in the capacity of a consultant, we can provide an unbiased assessment of the project.

PROFESSIONAL PROPERTY MANAGEMENT

Situs Properties, Inc. optimizes property value by providing cost-efficient services to owners and occupants. Our services are customized to the property type and ownership objectives. Financial reporting and maintenance assurance provide an accurate, ongoing assessment of the investment. The review and analysis of lease documents often leads to recommendations resulting in the maximization of management efficiencies through reduction of administrative procedures. We can work closely with the ownership and legal counsel, while having the overall effect of increasing the income potential and cash flow.