The location of a company's facilities impacts everything from employee satisfaction to the firm’s tax burden. Cushman & Wakefield helps our clients analyze all the impacts of a location, from operating costs to economic incentive packages, from utility infrastructure to proximity to the optimal labor pool. We leverage our experience, drawing on both local market expertise and national comparative data, to supply a consolidated analysis. In every step of the site selection process, we work to ensure each client’s real estate decisions are strategic, well-timed and financially advantageous.
Our clients’ specific business drivers and operational urgencies guide our approach. With deep connections in the economic development community, our experts provide quick navigation through the world of economic incentives. Using our local market knowledge and established relationships, our specialists procure cost savings through the assistance of local or state governments.
While all markets vary, the available economic incentives may include:
Property Tax Abatement and/or Tax Increment Financing (TIF)
Training Grants and Workforce Development Services
Public Infrastructure Assistance, Rail Grants and Usage Rebates
Cash and Land Grants
Utility Discounts and Grants
Fast Track Approvals
Historically, up to 75% of incentives awarded are never realized because of compliance issues. Our post-incentives implementation, compliance and reporting process ensures our clients receive their awarded benefits for the duration of the defined benefits term.
Cushman & Wakefield’s professionals offer unmatched expertise and decades of successful hands-on problem solving to myriad private and publicly traded firms in expansions, consolidations, relocations and acquisitions. The value of each real estate decision is enhanced with a competitive economic incentives or location advisory package structured by our experts.
Our Location Advisory and Incentives Services experts have negotiated a total of more than $200 million in state and local government incentives while serving clients from coast to coast in nearly every industry. Our track record includes:
Pinpointing the optimal location for Honeywell’s 125,000 square foot Mid-Atlantic corporate headquarters
Identifying the premier location for a 236,000 square foot manufacturing facility among 25 metro areas in the Southwest for Viracon, an international architecture products company
Consulting with Sara Lee to compare critical location factors among four metro areas in the Midwest
From initial site selection to applying for incentives and from construction through final compliance stages, the Location Advisory and Incentives Services team is committed to providing maximum, measurable outcomes.
Our services include:
Location and Business Climate Analysis
Economic Incentives Optimization
Economic Incentives Compliance Services