Business Development

(Israel)

Israel¬†is one of the world’s leading nations for innovation and technology. ¬†The country benefits from the presence of the world’s best research institutions geared toward the needs of the business sector. ¬†Israel is home to the most start-ups per capita in the world and second only to China in the number of foreign companies traded on the NASDAQ stock exchange. ¬†According to the Organization for Economic Cooperation and Development, Israel is the fourth best target for foreign investment among its 34 member countries.¬†

At the center of Israel’s economy is Tel Aviv, a tech hub seen as second only to Silicon Valley in terms of its start-up ecosystem. ¬†The commercial real estatemarket within Tel Aviv can be divided into 5 major areas: “The City”- Rothschild Boulevard and surrounding area, Tel Aviv- North¬†area, Tel Aviv- South¬†area, Tel Aviv- East area, Tel Aviv- City Center area.

  • “The City”- Rothschild Boulevard & surrounding area
    • the area from Habima Theater Hall in the North to the high rises office buildings along the Tel Aviv boardwalk in the South-West
    • Financial District
      • global banks
      • Israeli stock exchange
      • investment companies
      • high-end residential condos
  • Tel Aviv- North area
    • home to media and high tech companies
    • currently considered a “trendy” area
    • commercial activity revolves around the “Ramat Ha’hayat” neighborhood
    • additional office high rises currently under construction
    • municpal upgrades (access to a major highway) taking place
  • Tel Aviv- South area
    • oldest part of the city
    • many re-builds and renovations under way to convert older buildings to loft-style commercial space
    • offers potential for investment as prices are still reasonable relative to other areas
  • Tel Aviv- East area
    • main streets are Hamasger Street to the West and Yigal Alon Street to the East and the area centers on Ayalon highway
    • office space ranges from fancy towers (i.e. Azrielly Towers) to low rise functional buildings.
    • great commuting benefits given its proximity to a major highway and national railroad route
  • Tel Aviv- City Center
    • mostly a residential area
    • office space in the form of converted apartments or ground floor level residential buildings
    • rental prices for commercial space are exceptionally high given the current supply/demand situation‚Äč‚Äč

Cargotts Consulting LLC Provides The Following Services In Tel Aviv’s Commercial Real Estate Market:

  • Due Diligence
    • ‚Äčbuilding integrity & history
    • current owners
    • landlords
    • tenants
    • investors
  • ‚ÄčSourcing Properties &¬†Spaces
    • ‚Äčfinding unique buildings & spaces for investment
      • ‚Äčrestoration projects
      • conversion projects
        • ‚Äčresidential to commercial
        • commercial to residential
        • single unit to multi-unit
    • ‚Äč‚Äčland development
  • ‚ÄčConstruction Management
    • ‚Äč”on the ground” staff will oversee planning & construction
      • ‚Äčdaily updates for clients
    • ‚Äčwork with¬†affiliated maintenance crews to keep properties in pristine condition
    • provide cost estimates for repairs and upgrades
  • ‚ÄčLease Negotiations
    • ‚Äč‚Äčtenants
    • landlords
    • investors

To see how we can help you grow and achieve your goals in Israel!