RSG

Intelligent Community Development

Case Studies Real Estate & Development

REDEVELOPMENT AGENCY OF THE CITY OF SANTA CLARITA – COMMERCIAL RELOCATION

In the spring of 2008, the Redevelopment Agency of the City of Santa Clarita contracted with RSG for the provision of services relating to commercial relocation assistance.  The assistance involved the relocation of a commercial auto parts retailer from one major commercial center to another location in the City.  Given the complexities of the lease agreements, one of RSG’s first tasks involved determining whether there was a necessity to complete a Relocation Plan.  Moving forward, RSG was asked to determine the relocation benefits that would apply.  In RSG’s advisory capacity, moving assistance was computed based on information gathered from moving companies who were qualified to move some of the business’ heavy industrial equipment.  RSG also worked with area brokers and realtors to find comparable retail space.  Once a suitable location was found, RSG calculated the estimated reestablishment expenses and applicable in-lieu fees.