Build-To-Suit (BTS)

BUILD-TO-SUIT development solutions

 

What Is A Wangard Build-To-Suit Development?

MEETING THE NEEDS OF your business.

A Build-To-Suit (BTS) development refers to a real estate property that is designed and built to meet the specific needs and specifications of a business/tenant. In this arrangement, in most cases, a business/tenant will work with a developer or landowner such as Wangard to construct a building according to their custom requirements.

Once the construction is complete, the tenant will lease the building from the developer or landowner for a predetermined period of time.

IS A BUILD-TO-SUIT RIGHT FOR YOU?

A BTS development is optimally suited for businesses or entities that:

  • Have unique or specific space or structural needs that cannot be met by existing properties.

  • They wish to have a facility tailored to their operational requirements without investing capital in land acquisition and construction.

  • Are willing to commit to a long-term lease agreement, as the developer or landowner needs assurance to recover their investment and gain a profit.

  • Need a space in a location where available properties don't match their criteria.

BENEFITS OF A BTS OVER OTHER commercial real estate DEVELOPMENT OPTIONS

There are several reasons why a BTS development might be preferable:

  • Customization: BTS properties are built precisely according to the tenant's requirements, ensuring an optimal operational layout.

  • Operational Efficiency: A custom-built space can provide workflow enhancements, energy savings, and other benefits not possible in an existing, non-customized facility.

  • Location: If there are no existing properties available in a desired location, BTS can be the solution.

  • Financial Benefits: The tenant doesn't have to invest upfront in land acquisition and construction. They can instead focus their capital on their core business.

  • Long-Term Planning: With a BTS property, a tenant typically has a long-term lease, providing stability for future planning without worries about relocating.

CONSIDERING A BTS (BUILD-TO-SUIT) DEVELOPMENT?

  • You’re expanding or moving operations and can't find an existing property that meets your needs.

  • Your current facilities no longer support growth or operational efficiencies.

  • Your business has very specialized facility requirements, such as specific machinery installations, research labs, or manufacturing layouts.

  • You’re entering a new market and want a facility that mirrors your brand and operations from other locations.

  • You want to ensure long-term stability in terms of location and operational set-up without the risks of land ownership and building construction.

  • There's a strategic business reason to be in a particular location where suitable properties are otherwise not available.

Invest in tomorrow with Wangard.

If you’re ready to achieve a higher return from your investment portfolio, are looking for a build-to-suit sustainable developer, or need a property management team to turn your building around, it’s time you contact Wangard. Our approach to commercial real estate will provide you with everything you need to make smart, informed decisions, including long-term sustainable development solutions, quality buildings that attract quality tenants and unmatched service based on trust. Give us a call at 414-777-1200 to discuss how together we can build for the future.