New Commercial/Industrial Development Company Explodes the Market

 Breaking News
  • No posts were found

New Commercial/Industrial Development Company Explodes the Market

July 28
03:03 2021

With E-commerce gaining mass popularity, the desire for industrial and commercial properties has grown exponentially within the past few years, especially most recently during the current pandemic. 

Angelo Borrello of Capri Management and Consulting is a new commercial real estate investor and developer, actively purchasing properties in the New York and New Jersey area. The company launched in 2020 and has been involved in a number of groundbreaking projects, including the JFK terminal Logistics Center and a three million dollar purchase of a Mansfield New Jersey property, which will be part of a master redevelopment plan to build a logistics warehouse.

Capri Management and Consulting has a team of in-house top data analysts, zoning researchers, and consultants working diligently to find new development sites. Mr. Borrello explains that his team works together to analyze satellite maps of various areas in the country to locate appropriately zoned properties for potential development sites. “Upon locating a property, we conduct in depth research on its demographics to analyze density data, population data, and geographical conditions,” Borrello says. “We also conduct a zoning analysis of the property which includes research about wetlands, capabilities, and site usages.”  

                                                                                           

From there, he and his team utilize proprietary software to contact the property owners. “It is important for us to develop a direct relationship with the owners so that we can effectively communicate the terms that they are comfortable with in selling their property. We then team up with investors and, upon closing, we oversee various industrial and commercial projects,” states Borrello. 

He emphasizes that with his company’s approach and vision, Capri Management and Consulting is able to mitigate as much risk involved in a development project and achieve maximum returns. Investors seeking to diversify their portfolios with various investment opportunities and owners of industrial/commercial zoned properties who want to take advantage of the increased demand and value of their land are advised to consult Capri Management. 

With rising rents and low vacancy rates, mainly brought on by e-commerce, businesses are struggling to find space to accommodate their needs and are now turning to flex space. Flex space, a unit that is part warehouse and part office or retail space, is appealing because of its versatility. These structures attract small and large businesses alike and have potential to be designed as almost anything, including breweries, art or auto shops, manufacturing companies, furniture stores, and even medical facilities, with space to accommodate offices, labs, and even storage facilities, thereby saving funds on transporting materials and equipment. The abundance of options on how to utilize these spaces makes them easily marketable and, thus, ideal real estate investments, for both buyers and renters. 

Media Contact
Company Name: Capri Management and Consulting
Contact Person: Angelo Borrello
Email: Send Email
City: New York
State: New York
Country: United States
Website: caprimc.com