New ownership team wishes to identify potential locations for an arena within the Puget Sound area. Criteria includes: a large enough site to include an arena and parking, or just an arena combined with adequate off-site available parking; ease of ingress/egress for game-day crowds; proximity to current fan base; convenience to areas with demographically identified but untapped fan demand; and potential for nearby restaurants/nightlife, timeline risk, site cost, and municipal cooperativeness, among other factors.

Estimation of market rent for the subject property, to assist Key Bank in rent negotiations for the first renewal term of the existing lease. Property is in desirable location, and has high underlying land value.

Appraisal and consulting services, including mediation and litigation preparation, in conjunction with a purchase option for the property. Review and correction of outside appraisal work, specifically dealing with highest and best use, current and future trends, and most notably construction / replacement cost for similar facilities (part of the required scope for purchase agreement calculation). The segregation of intangible business components to value received careful consideration.