Entitlements sweeten commercial land deals

“Bemmie” Eustace

An entitlement essentially grants a landowner or developer the right to use a specific parcel of land for a designated purpose and is considered a valuable asset in the real estate development arena, applicable to both small and large projects across the board. The entitlement process may be triggered in a variety of circumstances at different points in the life of a project for developers and sellers.

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