Development

Ostendorf-Morris works with clients in developing and managing both large and small projects in both the public and private sectors. The structure of these development projects can be in various forms.

1) Development for a fee.
2) Development as a partner.
3) Development for a user/owner.

We work through each stage of the development process including feasibility, planning, financing, market analysis, contract negotiations, construction, and asset management. Ostendorf-Morris has worked on office, warehouse, manufacturing, and retail projects on a local and national basis.

The development process involves a number of different skills that we have developed by being both a broker and a developer of properties. We have both lawyers and accountants on staff who offer professional advice to your experts.

On the construction side, Ostendorf-Morris would help:

1) Determine the appropriate location and type of construction including the size of the building, the shape of the building, the bay spacing, floor capacities, HVAC requirements, lighting, and the flexibility to expand the facility all the time looking at the alternative costs of the above-mentioned attributes.

2) Financing your development project may require bank loans, insurance company loans, CMBS financing, revenue bonds, or other hi-breds.

3) Incentives. Today both city, county, state, and federal governments have various programs available to developers to encourage construction and job expansion.

4) Contracts or Leases. Ostendorf-Morris would review the appropriate documents to determine if the business terms are advantageous, assess the risk of the development, determine the structure that would allow the most flexibility for you and assess the rate structure which fits most appropriately with your ultimate goals.

In brief, Ostendorf-Morris will take you from the inception to the completion of a development which meets your specific requirements.