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ARTICLE · 27 MARCH 2025

Location, Location, Location… Site Selection Issues For Tenants

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We all know the old adage favored by real estate brokers… "location, location, location." While more frequently used in the context of residential real estate...

United StatesReal Estate and Construction
Gary Kaleita
Gary Kaleita
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We all know the old adage favored by real estate brokers... "location, location, location." While more frequently used in the context of residential real estate, it is equally applicable in the commercial real estate market when tenants are looking for land, buildings, or spaces to lease for their business operations.

Every tenant will have different needs that its prospective site should meet. The first issue to consider is the nature of the tenant's business. Is it industrial, office, retail, or some specialty like daycare, fitness, school or a myriad of other uses? It is important for a tenant to know the demographics of any area being considered for the location of its business and whether they are suitable.

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