Unions
Union organizations face unique challenges when making commercial real estate decisions, from balancing various stakeholder requirements, navigating regime changes, to maintaining transparency in reporting. JM Zell’s specialized consulting and implementation services are specifically designed to help unions achieve their business and operations goals. With a focus on fiduciary responsibility, compliance, and cultural fit, we help unions create and implement real estate solutions that create value for the organization, members, and constituents.
Tailored Solutions
JM Zell works with unions to create and implement customized real estate strategies that achieve business and operations goals throughout the United States.
Implementations have ranged from the ground-up development of multi-use training and education centers, renovations and expansions of aging/antiquated facilities, to value maximization and disposition of underutilized assets.
Engagements have included but not been limited to one or more of the following core services and related activities:
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Comprehensive financial analysis (development scenarios, complex ownership structures, sale-leasebacks, buy vs. lease, etc.)
Space use and operations planning support
Value maximization and monetization strategies for existing assets
Financing strategies
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Site identification and selection (geographically agnostic, any form of control, any use)
Space utilization and workplace occupancy strategies
Leading acquisition, disposition, leasing, long-term ground leasing efforts (licensed brokers)
Due diligence management and support
Real estate / facility specific grant applications and awards
Legal process coordination
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Pre-construction planning and support
Third-party consultant selection, on-boarding, and oversight
Zoning, entitlement, and permit approvals
Contracting strategy and legal document advisory
Project implementation oversight and reporting
Project close-out support
Move management
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Highest and best use studies with associated financial analysis
Zoning, entitlement, and permitting acquisition strategy and process management
Complex joint venture/ownership structure
Monetization strategies and implementation (sale-leaseback, ground lease, third party leasing, etc.)