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A Closer Look at Hard Costs in Commercial Development

When budgeting for a commercial development project it’s important to remember that costs typically break down into two broad categories: hard costs and soft costs.

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Ensuring the Use of a Qualified General Contractor

Hiring a contractor can be a big decision. There are many factors to be considered during this process. Regardless of what type of project you are undergoing, it’s important to have the right...

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Putting 'Punch' Into Remediating Your Construction Issues

All good things must come to an end, and that includes construction projects. But when they do, it should never be a set-it-and-forget-it scenario. You need to ensure that all the details of your...

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Constructing a Credible Build to Suit Work Letter

The provisions regarding construction are normally captured in the work letter of the build to suit lease. With a coordinated team of expert consultants and with a little leverage, a tenant should...

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When Change Comes, So Do Additional Costs

Thorough planning and budgeting are put into place to ensure construction costs are well managed. However, somewhere down the line, some things will need to be modified. That’s where change orders...

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The 5 Biggest Construction Risks and How a Preferred Developer Can Help

Some risks come with great reward. Others come with great challenges. Commercial real estate development is filled with both.

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The Value of Value Engineering

What is value engineering? In short, value engineering is a process by which alternate means, methods, and materials are investigated and compared against initial construction costs. With a build...

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