The common perception among buyers embarking on a construction project is: “Why does it cost so much more than I expected?” If you’ve asked yourself this, whether or not you were star-gazing at the time, you’re not alone in the universe.
Drawing on our team’s experience, here are some of the least obvious but most prevalent examples of hidden costs of commercial property acquisition.
When your plans are not clearly communicating field conditions and your construction needs, additional work that’s unnecessary can still be required through permitting.
You’ve qualified (congrats!) and signed onto a franchise, and have identified your new space, so now what?