Independent AREAS valuations for office towers, suburban offices, mixed-use office buildings and office condominiums.
A range of office assets
AREAS lists downtown financial-core office towers, single- and multi-tenant suburban offices, mixed-use office properties and office condominiums among its valuation types.
Start with consistent records
Suite areas, lease terms and the current rent roll should tell the same story. Where they do not, identify the discrepancy. Include amendments and side agreements relevant to the space being valued, rather than relying only on a lease summary.
Separate current facts from plans
Tell the team about vacancy, known upcoming changes and proposed capital expenditure. Label forecasts as forecasts. Current occupancy, a proposed leasing plan and a stabilised scenario may answer different questions and should not be treated as interchangeable.
Connect the model to the decision
AREAS’s experience with institutional office modelling includes Argus DCF and Argus Enterprise. Discuss whether the assignment calls for valuation, software support, due diligence or a combination of these services.
Your starting checklist
Tick items as you prepare. Selections stay on this page only.