Local vs national developers
New to the forum and enjoying the content.
I run the RE department for a growing national flex/industrial credit tenant. With inventory across the nation so low, I’m tasked with finding developers in many of the major markets to do BTS sites for us.
Buildings we occupy are 25,000-50,000 SF with dense parking (3/1,000 SF).
What do you suggest my best course of action is? How do I determine what developer in each region is legit? Worried brokers will just point me to whoever they get the most business from. Any and all advice is welcome. If this asset class fits in your expertise, please feel free to DM me.
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