Say you're a big box retailer looking to expand warehouse and logistics hubs nationwide. The strategy will be to lease ground up builds on new sites from a developer/owner, you do not want to be the owner yourself. You don't want to put all your eggs in one basket utilizing a single national developer for all builds and want to create a preferred developer list to pull from for each region nationally. What qualifications would you require developers to meet for them to make the list? I can think of the basics such as warehouse and logistics track record, team experience, access to capital, credit, but what else would you be looking at?
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Bump. Interested to hear anyone's opinion - lenders, developers, LP's, etc.
pipeline of development sites - do they work for what my business needs?
Are you referring to the developers portfolio of sites under current ownership?
I’m talking about what sites do they have secured to do a BTS for me and my business
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