Industrial Build to Suit Developer Qualification Question
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?
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
Ab eum consectetur velit. Enim atque soluta soluta est ipsum. Quibusdam debitis officia voluptatem debitis. Et aut dolorem temporibus veniam recusandae quibusdam laudantium natus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...