For our clients and the areas in which they live, we build long-term value by providing outstanding real estate solutions. But what is this Build-to-suit process? A Build-To-Suit or BTS has all the steps needed to choose, get, fund, and lease a particular property on which a landlord or developer constructs a custom building for […]
A GUIDE TO COMMERCIAL REAL ESTATE BUILD-TO-SUIT PROCESS Read More »
Table Of Contents The cornerstone of any successful build-to-suit development project is a build-to-suit lease. In this article, we outline some of the benefits of this kind of commercial real estate deal as well as the key components of a build-to-suit lease. What exactly is a build-to-suit lease? In its most basic form, a build-to-suit
BUILD TO SUIT LEASES AND WHAT THEY MEAN Read More »
There are several meanings of a built-to-suit lease. The simplest type of lease is the one that mentions building anything to satisfy the tenant’s needs. But there’s a lot more to it than that. Several fundamental elements make up a “build to suit” lease: 1) Work Letter of the landlord, which outlines the activities that
BREAKDOWN OF A BUILD-TO-SUIT LEASE Read More »
Table Of Contents Building to fit (BTS) properties entails doing all possible to satisfy the client’s operational and corporate requirements. Build to fit development is a fascinating process, spanning site selection through turnkey and complicated project completion. However, before we go, it’s crucial to comprehend some of the fundamental components of a newly built fit
A GUIDE TO UNDERSTANDING BUILD-TO-SUIT DEVELOPMENT Read More »
When Yogi Berra stated, “If you don’t know where you’re going, you’ll wind up somewhere else,” he wasn’t mistaken. The same is true for your development build. If you don’t have a plan, something else will happen instead of what you had intended (or nothing). Any build-to-suit project’s objective is to successfully collaborate to give
7 KEYS TO YOUR BUILD TO SUIT REAL ESTATE DEVELOPMENT PROJECT Read More »
Finding a suitable site is the first step in any successful construction endeavor. Let’s look at five common blunders people make when choosing a location for their new business. Error #1: Improper or Unbalanced Criteria Certain qualities or factors may begin to be favored more frequently than others, potentially making the site selection process more
5 COMMON SITE SELECTION ERRORS TO AVOID Read More »
If the Phase 1 Environmental Site Assessment (ESA) for a single-tenant build to suit identifies any likelihood of contamination in the soil, groundwater, or a vapor intrusion condition, then ordering a Phase 2 ESA is the smart next step to investigate further. ESAs in Phase 2 (Sub-Surface Environmental Testing) Phase 2 ESA’s goal is to
4 MOST EFFECTIVE TIPS DURING PHASE II ENVIRONMENTAL ASSESSMENTS Read More »
What exactly is value engineering? Value engineering investigates and compares alternative means, methods, and materials to initial construction costs. It’s also important to consider the impact on future costs when building to suit. This commercial real estate development stage is used to solve problems and identify and eliminate unnecessary costs. But this method isn’t just
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When finding a location, you may already be familiar with the fundamentals of the site selection process in build-to-suit development. However, as technology and data become more sophisticated, your approach will need to become more detailed. “The goal is to turn data into information, and information into insight,” former HP CEO Carly Fiorina said. Here
3 STRATEGIC TIPS FOR SITE SELECTION Read More »
When it comes to purchasing a commercial property and the ever-changing zoning laws of municipalities, obtaining a zoning report is a best practice. Lenders typically require it, but ordering one will give you peace of mind that your intended use will be compliant. You should be well-versed in everything you need to know to finish
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