The Benefit of a Tenant Led Build-to-Suit Transaction

Watch below as our Capital Strategies Managing Principal Blake Lacher, Principal George Mack and W.P. Carey Managing Director Tyler Swann discuss the benefits of Tenant Led Build-to-Suits and financing alternatives.

Why Build-to-Suit / Buy-to-Suit (“BTS”)?

(Besides the 10 – 25% rent savings over the term of the lease)

The Market
Resurgence in the market for BTS appetite (Industrial, mission critical, long-term operational need)

Increased Focus 
On location, building infrastructure and higher equipment costs

You’re in Control
Built/Bought to optimize your market, operational and financial objectives (rather than settle for what is available).

Who Qualifies &  Underwriting Criteria
• Credit Quality (the stronger your credit the more financial cost benefit you can create)
• Asset Type & Quality
• Project Size ($20 Million+)
• Term of construction and permanent financing

Results 

= 50 to 100 bps Cap Rate Improvement

Reach out to George Mack with any questions, or if you would like a copy of the presentation deck.