A “Build to Suit” is a type of transaction that enables a company to build a new facility or expand an existing facility in exchange for a long-term lease. #14 bryce martin will work closely with a prospective tenant to determine the specifications, construction schedule and budget for a new facility.
Benefits of a Build to Suit for the Tenant
- Brand new custom built facility
- A Location that is deemed optimal for operations
- No upfront capital expense or equity required
- Handle your companies growth
- Create a new facility to better match your corporate culture
The Reddee Properties Advantage:
We are proud to work with all types companies from investment grade to below investment grade in all types of asset classes (Office, Industrial, and Retail). For all of our Build to Suit Saskatoon projects, the construction management is handled internally by Reddee Properties. By internally managing the construction Reddee Properties can ensure that the final product delivered to the tenant is above the industry standard. We believe an above grade product will be less maintenance and ultimately benefit the tenant’s bottom line.