5th Avenue Properties

5th Avenue Insight

Development-Ready Industrial Sites: What Occupiers and Investors Should Assess

Gordon Dawson

Large industrial developments require a different level of due diligence from ordinary warehouse leasing. Land, services, zoning, approvals, access and delivery risk all need to align with the operating plan.

Site and service questions

Lease and development structure

Understand who funds the building, how specifications are approved, what happens if delivery is delayed and when rental actually commences.

Future flexibility

For large occupiers, expansion land, phased development and the ability to adapt the site can be as important as the first building.

Gordon's perspective

The development brief should read like an operational specification. The more precise the requirement, the better the final facility and the lower the risk.

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Review the major KZN development profiles in this document and current opportunities in Rainmaker.

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The Brief

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