Economic Incentives

Economic Incentives

May 20, 2025
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Get The Money Your Company Deserves

At iOptimize Realty®, we specialize in negotiating. Whether it’s with landlords, or different economic development agencies, we have the experience. By pitting the different agencies against each other, creating a strong competition will ensue and the results are in your favor.

These benefits can greatly offset operating costs and can help your company make more informed and fiscally responsible decisions.

Your best interests are our only interest.

You need a True Tenant Rep™ on your side.

Your best interests are our only interest.

1. Know Your Options

Create competition and leverage market knowledge to show you the best options.

2. Incentives You Deserve

We can negotiate the maximum economic benefits package for your company.

3. All in One Place

Using our proprietary software, you can have all your important incentives information in one easy to manage place.

Economic Incentives Can Help You Thrive

You Don’t Want to Miss Out

If you aren’t aligned with an expert who can help you negotiate the right economic development package, you could be missing out on things like:

Grants, rebates or utility rate reductions
On-site improvements
Income, sales and property tax incentives
In-kind support for workplace development
Infrastructure development assistance
Get The Best Incentives...

And Never Fall Out Of Compliance

Tracking and managing benefits is a full time job in itself. The benefits received can be the lifeblood of your project, making the unfeasible into obtainable. Depending on the extent of the benefits, missing deadlines could be catastrophic towards the project at hand.

So, we created a simple, yet powerful, system to help our clients manage their benefits. The system will track what benefits are active, which are completed, and how much was received. With our economic benefit tracking system, you’ll know when forms need to be filed, if any money is due, and when the money was received.

Our system also allows for one manager to delegate work to other team members, thus making a complex benefit process into an easier streamlined team endeavor.

Let Us Advocate For You

Economic Development incentives are based upon the jobs you bring to a region & the capital expenditures you, your landlord, or the developer spend. We can help you maximize those incentives.

 

Create Competition

We have the expertise to create competition amongst state & local municipalities for your tenancy or purchase, insuring you get the best package.

 

Keep Track Throughout The Process

Having all of your economic development data, key dates, and forms in one place is critical. Our economic development incentives software makes it easy.

 

Get Started with iOptimize Realty®

Save Time & Money on Your CRE in 3 Easy Steps

1. Reach Out

Schedule a free portfolio analysis call with one of our tenant rep experts.

 

2. Get on Track

Get a free customized action plan so you can take charge of your portfolio.

 

3. Start Saving

Save up to 30% on your CRE cost, while saving 90% of your time. Contact a Rep Today

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Frequently Asked Questions

What Are Economic Development Incentives?
Economic development incentives take the form of financial assistance provided on a discretionary basis by federal, state or local governmental bodies to attract or retain business operations, promote new business activity, or encourage job retention.Incentives can be in the form of:

Grants, rebates or utility rate reductions

On-site improvementsIncome, sales and property tax incentives

In-kind support for workforce development

Other forms of direct and indirect assistance including

infrastructure development.
Why Do Economic Development Incentives Exist?
The economic health of a state/region depends on tax revenue and income growth, it is common for development agencies to offer incentives that promote business retention, expansion, and recruitment. Economic development organizations are eager to create partnerships with existing businesses and prospective companies to help them expand and achieve success. Their incentive programs are typically driven by job creation and the payroll associated with the new full-time jobs, capital investment, and the development or ramp-up schedule.

Why Should You Use Us?
Getting economic incentives can be crucial when looking to relocate or expand your business. We have the experience helping our corporate clients successfully negotiate the highest economic incentive packages.

Learning Center

Unlock expert insights, strategies, and tools to save time and money.

We Can Help Secure Favorable Terms for Long-Term Success

Get An Expert on Your Side

Reach out to us today to learn how we can help negotiate the best Economic Development package for your company today!

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Clients Trust Herrington.

From an early stage start-up’s growth strategies to helping existing businesses, we have done it all! The results speak for themselves. Our services work.

Let’s Collaborate with Us!

From an early stage start-up’s growth strategies to helping existing businesses, we have done it all! The results speak for themselves. Our services work.

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2220 Plymouth Rd #302, Hopkins, Minnesota(MN), 55305

Call us: (234) 109-6666

Mon – Sat: 8.00am – 18.00pm / Holiday : Closed