Brokerage services
Evaluate a commercial-property acquisition
A useful acquisition search begins with criteria that can guide both property identification and comparison. MacVaugh helps buyers define those criteria, identify and compare opportunities, evaluate property and occupancy information, and negotiate a purchase.
The buyer may intend to occupy the property, hold it as an investment, reposition it, or pursue another commercial objective. The intended use shapes the location, property, occupancy, physical, timing, and financial questions that matter.
Pasadena is our back yard. We represent landlords and sellers across the greater Los Angeles area, and tenants and buyers—depending on the size of the requirement—across Los Angeles, Orange, San Bernardino and Ventura counties.
Define the acquisition criteria
Clarify:
- Intended use or investment objective
- Preferred locations and acceptable alternatives
- Property type and approximate size
- Price criteria and transaction timing
- Desired occupancy: vacant, partially occupied, or occupied
- Parking, access, loading, power, visibility, or other physical requirements
- Improvement or redevelopment objectives
- Information needed for financing and due diligence
Criteria can change as the buyer learns from the market. Recording the assumptions makes those changes intentional.
Compare the opportunity
A property comparison may consider asking price, physical condition, occupancy and leases, operating information, location, use and permitting questions, improvements, delivery timing, and the buyer's financing and professional-review requirements.
Public marketing is an introduction, not a substitute for due diligence. Buyers should use the appropriate legal, tax, accounting, financing, environmental, physical, title, zoning, and other advisers.
Review current sale opportunities
Public listings are one input to an acquisition search.