Does Available Real Estate Drive Location Decisions?
The ranking of available land and buildings by the respondents to Area Development's Corporate Survey reflects the fact that the importance of these factors is contingent on the project.
But can the reverse perspective also be valid - how much does the right location depend on the availability of real estate? It depends. It is not a question of the importance of real estate in a location decision - it is clearly a critical component - but more the timing for when it becomes a critical driver. More than real estate must be considered.
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