Independent analysis for owners, investors, and businesses making decisions where the cost of being wrong is high.
Redd Properties provides project advisory and consulting services throughout Lake Charles and the greater Southwest Louisiana MSA. This is the work that happens before a transaction or a development, when the question is still whether to proceed at all.
Call (337) 310-0605 to discuss an engagement.
Most expensive real estate mistakes are made early, and quietly. A site is chosen for the wrong reasons. A building is bought without understanding what it will cost to make it useful. A market is entered on optimistic assumptions. An expansion is planned around space that will not actually accommodate it.
None of those look like mistakes at the time. They surface later, as budget overruns, delays, or an asset that does not perform.
Advisory work exists to catch those decisions while they are still decisions.
Site selection and evaluation. Assessing candidate sites against operational requirements, access, utilities, zoning, drainage, soil conditions, expansion capacity, and what is planned nearby. See commercial development and site selection.
Feasibility analysis. Whether a project makes sense before significant capital is committed. Cost, timeline, market conditions, and the realistic range of outcomes.
Market analysis. Supply, demand, comparable transactions, and what conditions in Southwest Louisiana mean for a specific property type or location.
Project strategy. Structuring an approach: what to build, where, in what sequence, and under what ownership or occupancy structure.
Highest and best use analysis. For an owner with an underperforming asset or an unusual site, the question of what the property should be rather than what it currently is.
Acquisition due diligence support. Independent evaluation of a property before purchase, including physical condition, functional obsolescence, and what a repositioning would realistically require.
Portfolio and occupancy strategy. For companies with multiple facilities or growth plans in the region.
Advisory work is only worth something if the advice is honest, including when the honest answer is that a project should not go forward.
We do this work with the same discipline whether or not it leads to a transaction or a construction contract. A client who is told plainly that a site is wrong, or that a purchase does not pencil, is a client who comes back.
Advisory recommendations from a firm that does not build or transact tend to stay theoretical. Because Redd Properties also handles development, construction, and brokerage, our analysis is grounded in what things actually cost and how long they actually take here.
When we say a redevelopment is feasible, that estimate comes from 15 years of building in this market. When we say a site will work, it reflects sites we have entitled and delivered.
Principal Matt Redd holds the CCIM, CRE, and SIOR designations. The Counselor of Real Estate designation in particular is invitation-only and held by a small number of practitioners worldwide, and it recognizes exactly this kind of work: judgment applied to complex real estate problems where the answer is not obvious.
Investors evaluating acquisitions or dispositions. Owner/occupiers planning facilities or expansion. Companies entering the Southwest Louisiana market. Property owners with underperforming or unusual assets. Developers assessing opportunities. Institutions and businesses with facilities decisions to make.
What does an advisory engagement look like?
It depends on the question. Some are a focused site evaluation. Others are a full feasibility study or a market entry strategy. We scope the work to the decision you are actually making.
Can we engage you for advisory work only?
Yes. Advisory is a standalone service and it is often how a relationship starts.
Do you provide site selection for companies new to the region?
Yes. Site selection for companies entering Southwest Louisiana is one of the most common engagements we handle.
Will you tell us not to do a project?
Yes, when that is the right answer. Advice that only ever confirms what a client hoped to hear is not advice.
Do you help evaluate a property before we buy it?
Yes. Independent evaluation before acquisition, including condition, functional obsolescence, and realistic repositioning cost.
What is highest and best use analysis?
An assessment of what a property should be, given its location, physical characteristics, market conditions, and regulatory constraints. It is particularly useful for underperforming assets and unusual sites.
What areas do you cover?
Lake Charles, Sulphur, Westlake, and the greater Southwest Louisiana MSA.
Discuss an advisory engagement. Call (337) 310-0605.
Redd Properties LLC is an independent commercial real estate, multidisciplinary firm with expertise in mid-to-large,-scale projects and other developments, build-to-suit construction, project advisory and consulting services, brokerage and transaction management services.
Learn About Our Services +