Cultural Institutions, Museums,
& Foreign Government
JM Zell's expertise in cultural institution and museum organizational structures, operations, specialized space utilization, grant and fundraising processes, space planning, construction, and real estate, offers client leadership teams a comprehensive, all-in-one solution for both planning and execution.
Tailored Solutions
JM Zell works with world-renowned museums, cultural institutions, and foreign governments to provide real estate solutions that meet stringent operations requirements and satisfy the fiduciary responsibility of our client’s leadership teams to their various stakeholders, all while achieving overarching business goals.
Organizations have leveraged our expertise to identify and select sites for notable theaters and museums, and renovate, expand and develop highly specialized spaces for exhibitions, archival storage, performing arts, and diplomatic functions.
Engagements have included but not been limited to one or more of the following core services and related activities:
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Space use analysis and operations planning
Complex financial analysis and sources and uses strategies
Asset monetization strategies
Highest and best use studies, zoning and entitlement processes
Occupancy strategy (buy vs. lease analysis)
CAPEX vs. OPEX analysis and strategy
Financing strategies, grant applications, award support
Capital campaign, planning and implementation
Research and oversight of government/jurisdiction incentive application(s)
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Site identification and selection (legal, physical, and financial viability)
Transactions (acquisition, disposition, leasing, subleasing, etc.)
Due diligence management
Tax mitigation strategy and support
Legal documentation advisory and support
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Pre-construction planning and support
Contracting strategy and legal document advisory
Third-party consultant selection, on-boarding, and oversight, including exhibitions design and other specialized consultants
Zoning, entitlements, and permitting approval strategy / oversight
Construction oversight and reporting
Base building, interior renovations, and ground-up construction
Furniture, fixtures, and equipment planning / procurement
Move management
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Highest and best use studies with associated financial analysis
Zoning and entitlement process management
Complex joint venture/ownership structure
Monetization strategies and implementation (sale-leaseback, ground lease, third party leasing, etc.)
Industry Interaction
JM Zell is a proud industry partner of AAM and MAAM.