Who we are
Wert-Berater, Inc. has prepared independent feasibility studies for lenders, certified development companies, and federal agencies since 1998 — more than four thousand engagements representing $40.2 billion in evaluated project value across all fifty states and international assignments. Our fiduciary duty runs to the lender and the agency, never to the sponsor’s optimism: fees are fixed, quoted up front, never contingent on findings, and a determination is never changed under pressure.
What we do
Industrial feasibility is a function of throughput economics and location logic: highway and intermodal access, labor shed depth, power and clear-height specifications against the target tenant class, and the supply pipeline of competing big-box and infill product. For owner-occupied industrial, the study evaluates whether the operating company's volume, margins, and growth trajectory support the facility investment. For speculative or multi-tenant industrial, the analysis tests market vacancy, net absorption, and rent trajectory against the development basis.
How we do it
The analysis draws on CoStar industrial inventory and absorption series, state DOT freight corridor data, utility capacity confirmation, BLS occupational employment for the warehouse labor pool, and RSMeans location-adjusted construction budgeting. The financial model carries the program-required coverage tests on stabilized cash flow, with sensitivity runs on rent, vacancy, and interest rate consistent with our standard ±5/10/15 percent discipline.
How we can help you
Industrial projects are financed across SBA 504 owner-occupied acquisitions and ground-up construction, USDA B&I for rural processing and distribution, and conventional structures for investor product; the study is built to the SOP 50 10 8, RD Instruction 5001, or conventional underwriting standard the engagement requires. Representative work includes a $13,951,404 SBA 504 industrial storage acquisition in Hayward, California and cold-chain logistics analysis within the firm's $33,656,250 cold storage portfolio work.
How to engage us
Standard delivery is 10 to 15 business days from complete project data. Rush delivery for deals already in underwriting is accepted case by case for an additional fixed fee, quoted up front and committed in writing. Engagements are typically initiated by the borrower, with lender or CDC confirmation obtained before work begins — institutions differ, so confirm the procedure with your lending contact.