What is built to suit?

In Leasing Property - Asked by Tameema A. - Sep 15, 2017
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Michael G.
Developer
Mokena, IL

Tameema,
"Built or Build to Suit" is when a property owner offers to construct/develop a building/space specifically to the end users criteria. The owner offers this hoping to induce the buyer/tenant to purchase/lease under specific terms after the construction is completed. The terms and various details are negotiated and then agreed upon prior to the construction start.

Sep 15, 2017
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