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Build to Suit

   Also found in: Acronyms 0.01 sec.
Build to Suit
An agreement whereby the owner of real estate pays to construct a building to the specifications of a potential tenant. In exchange, the tenant agrees to rent both the land and the building from the owner.


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There are two main ways you can acquire a build-to-suit property that measures up to your wants and needs as well as complying with the accounting requirements necessary for a like-kind exchange under section 1031 Your first choice is to conduct what is known as a poor man's build to suit in which you ask the seller to construct particular improvements on a property to increase its value prior to closing on the sale.
85 acres Build to suit Park Pillowtex Plant 1 158 acres 5.
New build to suits financed with the tenant's credit can achieve positive spreads of 150-250 basis points off conventional financing, leading to the best self-financing climate in 30 years.
 
 
 
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