| TRANSACTION TYPE Acquisition: Land Purchase and Build to Suit to Own | TRANSACTION SIZE 203,000 s.f. | CLIENT Delta Electronics | MARKET Tijuana Baja California | LAND AREA 11.5 Acres |
Action Plan
• Market Analysis, Building Cost Estimate, Industrial Building Floor Plan
• Building Lease with Purchase Option, Interviews & Meetings with Land Owners
• Location Analysis and Land Assemblage (3 different owners)
• Negotiated Land Purchase
• Project Drawings, Engineering Calculations, Soil Studies
• Construction Proposals, Contract Negotiation for Building and Building Construction
• Service Providers for Delta: Assisted with Interviews & Selection and Manager Job Interviews
• Government Training Program
• Researched Mortgage Backed Loan
Results
- 1. Below-market cost for land purchase
– Saved $13/m2 off asking land prices in Tijuana - 2. Below market price for all engineering and design work.
- 3. Created intense competition among land sellers and builders, ensuring lowest possible building cost for Delta
-Final, negotiated building price was $1,500,000 less than the first round bid - 4. Identified hidden costs and minimized in advance
– Assisted Delta’s budget for hidden fees and costs in Tijuana - 5. Negotiated long-term quality guarantees and warranties for manufacturing facility
– Achieved up to 10-year warranties directly from builder. - 6. Assisted Delta General managers in all phases of operation and building set-up
- 7. Assisted Delta research finance project after construction
