Industrial/Incubator/Logistics and Distribution
Senior professionals at Vantage Point Real Estate Development Management, LLC have been involved in a wide variety of industrial and flex space projects. They have completed market and financial feasibility investigations, prepared development approaches and marketing plans, solicited and evaluated developer that proposals, negotiated development agreements, and packaged these types of projects on behalf of a wide range of public, private and quasi-public entities.
Our professionals have been involved in industrial developments that have been carried out primarily on publicly-owned property to stimulate and assist community-wide business growth. Other projects have been sponsored by minority-controlled development corporations, foundations and other interest groups with civic motivations. Our senior professionals have also completed reassessments of privately –owned industrial properties with both existing facilities and raw land. Many of these examinations of older industrial structures are carried out to discover their reuse potential. These buildings have included steel mills, automobile manufacturing facilities, and shipyard/port terminals formerly used by well-recognized US industries.
Business and office parks are popular and suburban locations due to lower land costs and lower building costs due to wider building footprints. These parks are thematic precincts often situated at the most successful points in a metropolitan road network. These projects maintain autonomous architectural standards in which buildings are arranged around parking lots and communal services. Our senior professionals have assisted both public and private clients and development of this type of real estate product.
Logistics & Distribution Facilities
The name of this type of industrial product is commonly based on the purpose of the operation inside the building. Often with refrigeration or air-conditioning, these facilities typically are stocked with products to be redistributed to retailers, to wholesalers, or directly to consumers. Distribution centers are the foundation of the supply network, as they allow single location the stock a vast number of products. For example, a retail distribution center distributes goods to retail stores, while and order fulfillment center commonly distributes goods directly to consumers. An important secondary role is storage, thus allowing retailers and others to stock as many items at once as possible, to conserve space, to minimize inventory costs and achieve other logistics purposes. Our senior professionals understand that the efficient processing of a distribution center can greatly impact the final price of the product delivered to the end user, and have worked with clients to adaptively reuse former manufacturing facilities into logistics and distribution facilities.