Business Relocation

Business relocation can be a complicated process. Whether you are choosing to relocate your company or open another office of your own accord, or if your business is being forced to relocate through eminent domain issues, M.J. Barney can help alleviate the stress, help you understand your options and make informed decisions.- Are you relocating due to loss of lease?
A physical move of your business may be necessary (or desired) for numerous reasons-- loss of lease, rent increase, new owners, or legally mandated relocation. Many studies we perform are because of eminent domain condemnation. The land is required for a new freeway, a local redevelopment district, or other government project which dictates relocation of an existing business. - Has your trade area deteriorated?
Over the years, a trade area that once flourished may deteriorate into an undesirable business climate. The population demographics may have changed, and the only way to regain suitable clientele is to move to a new trade area. - Are new trade areas creating better opportunities?
New developments or growth in other trade areas may create new opportunities so appealing that moving is worthwhile. MJBA can evaluate those opportunities and advise you of the new potential. - Are you seeking larger/better property for expansion?
In the life cycle of a business, expansion of physical property may become necessary to accommodate company growth. The nature of the clientele, sales opportunities, goodwill, and other factors should not be jeopardized for the sake of extra room. Favorable conditions must exist in order to sustain company growth. MJBA can find the most comparable site for your relocation if that is your best option.
MJBA is an impartial firm performing relocation service, with no engagement in real estate sales or transactions. This enables us to analyze properties with third-party objectivity and no vested interest in the outcome. Give us a call today to talk about your business relocation questions.
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