How do you underwrite a market to know if it's a good potential opportunity with landlord friendly requirements? I am looking for additional information more than rent growth, absorption, vacancy, etc to understand tenant wants and needs in a submarket.
Reason I am asking is the CRE investment shop i am at is looking to find new areas to develop in our local market. How do you guys go about getting FAR, density requirements and other broad requirements that are important to know when entering a new market for a development opportunity?
Thanks in advance!
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