Build to suit is a way of leasing property, usually for commercial purposes, in which the developer builds to a tenant's specifications. The landowner pays for the construction to the specifications of the tenant, and the tenant then leases the property and building from the landowner. Build to suit is frequently used by tenants who wish to occupy a building of a certain type but do not wish to own the building. This process allows faster growth without debt on the tenant’s balance sheet.
Facilitating Built To Suit
The BRG team utilizes a streamlined approach and works with the best developers. We start by ascertaining the client’s needs, including how much space is needed, clients or customers, and projected budget. We then assess those needs with leasing valuation and investment analysis. Services include:
- Research and select best sites
- Discuss options and visit sites
- For suitable options Letter of Intent / Draft Lease Proposal are submitted
- Draft site plan, building design and cost take-off
- Build to suit