Choice of Location
Choice of Exterior Building Design
Optimal Plant Layout
Enhanced Functional Utility
Parking
Cubic Utilization
Loading
Office Layout
Power Distribution
Enhanced Fire-Life-Safety
Lower Maintenance Costs
Fixed Operating Cost
Equity Accrual
Exit Strategy on Sale of Business
Lower After Tax Cost of Occupancy
Enhanced Company Image
No Deferred Maintenance Issues
Higher Employee Morale
High Percentage of Recruitment & Retention
Amenity Rich Master Planned Business Park
Ability to Grow & Expand
Carrying Cost for Expansion Covered by Rental Offset
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Limited Inventory
Dated Building Choices
Environmental Risk
Older Building/Parking Constraint
Retrofit Cost
Seismic Upgrade
Roof
Loading Area Constraints
Location
Building and Location Conflict
Competing with Multiple Offers
"All In" Cost Comparable to New Construction
No Equity Accrual
T.I.’s Sunk Cost
Limited Exit Strategy on Sale of Business
Subject to Rental and Property Tax Increase
Exposure to Multiple Owners
Duplex Design Difficult to Find
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