Industrial Square Footage Accounting Services
A Grocery Industry Leader requires accurate square footage of their distribution centers in preparation for the sale of the properties.
A large real estate private equity and investment management firm needed an independent third party to assess the space information to ensure that they did not overpay for these assets. The information collection, originally estimated to include over 109 million square feet of property, was a challenge due to the geographically dispersed locations of the properties, as well as the fact that the information was not centrally managed or consistently kept up to date. After the firm’s portfolio purchase was complete, they required physical field verification of the remaining properties, providing leasing reports and existing conditions of the recalculated space.
The Firm turned to SDI to quickly complete the job under the expedited time frame. At an accelerated schedule, the SDI team evaluated the entire portfolio’s rentable square footage. SDI utilized the firm’s existing CAD files and construction documents to verify square footages based on BOMA standards. After the purchase was complete, the firm required physical field verification of the remaining properties, providing leasing reports and existing conditions of the recalculated space.
SDI services delivered, include but are not limited to the following:
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