Our Location Incentives Services
At CBRE, our Location Incentives team assists clients in reducing costs associated with company expansions, consolidations or relocations by securing federal, state, local and other economic development incentives. Our industry-leading proprietary technology ensures a comprehensive approach towards site selection that mitigates risk and our collective experience in securing credits and incentives is unmatched in the industry. Our clients represent all industry sectors, ranging in size from Fortune 10 corporations to private owners, occupiers and developers.
Primary Focus Areas
Frequently Asked Questions
The process applied to each requirement is customized based on our client's specific needs. Typical considerations include labor, supply chain, infrastructure, demographics, real estate, taxation, regulatory environment and economic development incentives.
Any office or industrial user that may be considering an expansion, relocation or consolidation of operations regionally, nationally or globally.
Economic incentives may be available in the form of as of right and discretionary incentives at the federal, state and local level. They may come, among others, in the form of:
- Business income or other tax credits and rebates
- Real and personal property tax abatements
- Sales and use tax credits, payroll tax rebates and exemptions
- Grants for infrastructure, investment and job creation
- Free or subsidized real estate, building/permit/development fee reduction and waivers
- Utilities discounts and reductions
- Workforce recruiting, screening and training
Durations vary based on the complexity of a project; however, it can typically be completed in 60-90 days.
CBRE’s Labor Analytics group provides specialized consultancy services to corporate tenants, combining human capital and brick-and-mortar solutions to maximize cost savings, financial success and desired change for our clients.
Opportunity Zones are designated economically disadvantaged areas that can offer powerful tax incentives to investors willing to deploy capital in them. CBRE’s report on Opportunity Zones explores the topic and its impact.