Current Conditions & Analysis

Ready - Fire - Aim… Oops. 

Before you start you need to plan.  What have you got?  What are your short- and long-term needs?  What should it cost?

• Market Condition Report
• Portfolio Evaluation
• Space Requirement Analysis
• Competitive Space Analysis
• Current Site Analysis
• Facilities Requirements
• Management Analysis

See below for detail of each of these Advisory Services.

Market Condition Report

Neville provides analysis of real estate market conditions for the various types and locations of the client’s properties.  Market conditions analyzed include:

• quantifying market size
• determining current vacancy, occupancy and absorption rates
• typical financing terms
• typical capitalization rates by property type and location

Portfolio Evaluation

Neville tailors the analysis of a real estate portfolio to the client’s needs.  Such analysis includes:

• determination of the highest & best use
• profile valuation for each property
• comparison of “in-use” versus market value
• estimation of position in the real estate cycle

Space Requirement Analysis

Neville surveys the client’s real estate in current use for profiles of density, business function, infrastructure issues, transportation, access and functionality.  With this profile NEVILLE can determine a client’s space efficiency and identify opportunities to effect savings.

Competitive Space Analysis

Neville will assist client’s in making decisions regarding the occupancy of additional space, whether by purchase or rental, including analysis of total occupancy costs, current rent rates and net present value calculations.

Current Site Analysis

Neville, based on the primary functions of the client, will assist in the analysis of the current site by examining whether other locations might be more advantageous for economic, political or other reasons.

Facilities Requirements

Neville will review a client’s currently used real estate for functionality of the facility, to identify deferred maintenance and opportunities to cure obsolescence, to develop capital replacement budgets, and to review contractual and vendor relationships for savings.

Management Analysis

Neville will review real estate portfolio holdings for issues of property management including:

• potential and producing income streams
• condition of the property
• current methods of management
• opportunities for further efficiency or other improvements