Build to Suit
Page Content Summary - Build to Suit
- Site Search & Acquisition
- Planning, Construction & Development
- Certificate of Occupancy (C of O)
Site Search & Acquisition
sīt ~ sərch & akwəˈzish(ə)n
Definition:
A build to suit facility is when a property tenant agrees with a developer or landowner to construct a brand new, custom-built facility for lease. After building completion, the tenant typically becomes the sole occupant of the space. Developing a Build to Suite property is very complex in that it involves two agreements, a construction and lease contract.
Site Search & Acquisition are the steps toward a build to suit property/facility. Looking for a site can be an arduous task. Someone helping with the time, process, and manner of site selection and acquisition can expedite the process.
Our approach:
We work with various types of experienced individuals in the built to suit process. We guide them through key milestones pertinent to delivering a building project on time. We have numerous and vetted, contacts and relationships in the trades and construction industries to take the guesswork out of built to suit opportunities.
Important for you:
With our experience, contacts and process, we help you make timely decisions to deliver your new building faster.
Planning, Construction & Development
planing ~ kənˈstrəksh(ə)n & dəˈveləpmənt
Definition:
The three stages of the real estate development process.
Our approach:
We use our decades of experience and relationships to get the project done.
Important for you:
When it comes to build to suit, you need a team that is in it for the long-haul, and has the relationships to get and keep the project moving toward completion.
Certificate of Occupancy
sərˈtifəkət ~ əv ~ äkyəp(ə)nsē
Definition:
The issuance of a C 0f O certifies that the property is suitable for occupancy by the proposed user, or type of user, and that the building complies with the plans and specifications that were initially submitted and approved.
Our approach:
The steps from the beginning of the process to completion, and issuance of a C of I are numerous and tedious. We are there from the beginning, guiding you and connecting you with the industry’s best.
Important for you:
As stated, the process of a build to suit is long and complicated. You want a team on your side that has a proven record of successful completion of build to suit. You do not want a brokerage that has broker turnover, where the broker you start the process with may not be there through the whole process. With OMEGA, you get seasoned and dedicated partners who will be with you from beginning, end and beyond.