FOOD SERVICES GROUP

The Food Services Group of Corporate Realty Advisors is an industry specific real estate brokerage and consulting team dedicated to serving the requirements of our growing list of clients in the food and beverage industry. The Food Services Group assists our clients in the lease, purchase, build-to-suit, sale and sale/leaseback of FDA, USDA, USDC, and AIB certified properties.


CRA’s Food Services Group specializes in:

* Freezer, Cooler and Dry Warehousing
* Food Processing and Manufacturing Facilities
* Transportation and Logistic Analysis

For over 20 years, Corporate Realty Advisors has provided value added real estate solutions for our clients. Today, we are quickly becoming the premier real estate services company for the Food industry.One of the many benefits the Food Services Group at CRA offers to our clients is our continually updated national database of food grade facilities. As a client of CRA, you will also receive quarterly e-mail updates identifying projected market trends, economic overviews of individual markets and new property offerings. We also work for Medical Space Fort Worth.

Medical Space Houston

A major consideration when it comes to medical space in Houston is whether to rent or to purchase. While renting is less costly in the short term, purchasing a building is likely to result in a greater savings in the long term. This long term savings is especially recognized when there are extensive capital improvements that need to be made to the building, which is often the case when you are talking about medical space.
When we talk about medical space in Houston, 2009 research reports say:
• There is currently 5.9 Million SF of Class A medical space, 12.0 Million SF of Class B medical space and 5.3 Million SF of Class C medical space
• Absorption, New Supply & Vacancy: Positive net absorption reached 275,070 SF in the first half of 2009, far surpassing the small gain of 1,506 SF at this time last year. Healthy demand for medical office space pushed vacancy down 90 basis points to 13.8% in the second quarter of 2009.

• Overall, vacancy for medical office space in Houston dropped to 13.8% from 14.7% one year ago, but those gains were not enough to affect the overall average quoted rental rate keeping it relatively unchanged at $22.74 per SF on a full service basis from this time last year.

Similarly, medical office space vacancy throughout Texas has ticked up 20 basis points over the past 12 months to 13.5%. As such, rents are forecasted to rise 0.8% in 2010 to $22.92 per SF on a full service basis. Comparatively, despite recently completed new construction, vacancy in Dallas/Fort Worth is down 20 basis points year over year at 14.2%, in line with DFW’s historical average.
When it comes to medical office space in Houston Corporate Realty Advisors (CRA) is the best choice for helping clients to determine whether buying or leasing medical office space is the right choice for each client. CRA’s experience and expertise related to real estate matters provides the client with information and assistance to make cost-effective long-term medical space decisions. In addition to helping clients negotiate the best possible terms when it comes to the financial aspect of each purchase or lease, CRA can assist with the specialized help you need in the design and construction of any interior architectural medical space with aspects such as:
• Maximizing efficiencies related to floor plans/design for all medical specialties
• Estimate interior improvement costs for budgeting
• Assist in the review the construction drawings
In addition to the services CRA can assist with above, CRA also provides services like consulting, strategic planning, market research, lease administration, real estate auditing, financial analysis, tax incentive negotiation, and lease review.

FINANCIAL ANALYSIS

* Review all Landlord proposals for key financial information
* Determine spreadsheet format and assumptions for inflation, etc.
* Prepare individual economic spreadsheets for each Landlord proposal
* Utilize present value analysis on the spreadsheet for each Landlord proposal
* Prepare summary showing key financial information and present value analysis of all
* Landlord proposals from least expensive to most expensive

REAL ESTATE AUDITING

* Review the Landlord’s invoice for Building Operating Expenses
* Review the Lease for audit restrictions and time frames as well as Base Year information, caps on Building Operating Expenses and Tenant’s percentage of the Building
* Request line item Building Operating Expense records from the Landlord for each year of the Lease term
* Prepare an audit of the Building Operating Expenses and Tenant’s invoice showing the Auditor’s determination of the correct credit due Tenant or payment due Landlord related to the Building Operating Expenses
* If necessary, meet with the Landlord’s representative to present the Auditor’s determination and negotiate a final settlement
For More Information please Visit:
http://www.crausa.com/real_estate_auditing.htm

LEASE ADMINISTRATION

# Prepare lease synopsis/abstract of completed lease(s) for quick review by the Client
# Scan final copies of all leases into CRA’s Web-Based Database for Lease Tracking
# Scan building photo and building characteristics into Database
# Enter landlord’s management company contact and associated contact information into Database
# Enter key lease information into Database for tracking of critical dates (i.e. renewal options, lease expiration, etc.)
# Print quarterly summary of lease(s) file from Database, review with Client all upcoming lease expirations and associated planning of the renewal or relocation of these offices

MARKET RESEARCH

Provide Client with broad overview of Market conditions
Determine Client’s geographical and economic parameters
Determine Client’s technology requirements
Establish Client’s other requirements (i.e., first floor space, signage, etc.)
Produce Market study using CoStar Market Research database
Review all Building candidates (including subleases) with Client
Select Building candidates from market study for tour with Client

ARCHITECTURAL SERVICES

Determine Client’s corporate square footage standards
Prepare Space Program to establish requirement size
Meet with Client to discuss requirements and adjacency
Prepare Space Plan and Pricing Notes for Pricing Plan
Coordinate all activities with Landlord and Landlord’s contractor
Meet with Tenant’s technical personnel to finalize requirements
Prepare field verified Construction Documents
Coordinate activities of Landlord’s engineers in the preparation of Mechanical and Electrical drawings