4
Retail Build-to-Suit Program for Multi-Unit Tenants High-Performance, Low-Cost Facilities, Market-Responsive, Transparent Transactions, Certain, Hassle-Free Execution ...Nationwide

InSite Real Estate | Retail Build-to-Suit Program for Multi-Unit Tenants

Embed Size (px)

Citation preview

Page 2: InSite Real Estate | Retail Build-to-Suit Program for Multi-Unit Tenants

Proven Multi-Unit Build-to-Suit Program SpecialistInSite specializes in the execution of multi-unit build-to-suit development programs for

corporate and franchisee tenants – retailers, restaurants, financial institutions, government

units, schools, non-profit organizations, and healthcare and other service providers –

nationwide.

Each tenant program has two objectives:

• Meet the tenant’s business plan – deliver single-tenant and anchored multi-tenant

build-to-suit projects when and where required.

• Achieve the InSite Project Standard – InSite’s performance benchmark on each

tenant project.

Since the company’s first build-to-suit project completed in 1988, InSite has successfully

delivered over 400 build-to-suit projects in over 30 states for over 40 companies.

The InSite Project Standard

Optimal Market Location – the

property must meet the tenant’s location

standards at the target purchase price.

High-Performance, Low-Cost Facility –

the facility must meet the tenant’s facility,

and operating requirements at the lowest

total occupancy cost.

Market-Responsive, Transparent

Transaction – the transaction must

respond to current market standards; all

relevant transaction information must be

clearly, fully, and timely disclosed to the

tenant.

Certain, Hassle-Free Execution

– the project outcome must not deviate

materially from the Project Model (plans,

schedule, and budget); project execution

must be exacting and frictionless.

2 | InSite Real Estate

Burlington, NCHerndon, VANew Lenox, ILReno, NV

25+ Years of Successful Tenant Relationships

Page 3: InSite Real Estate | Retail Build-to-Suit Program for Multi-Unit Tenants

www.insiterealestate.com | 3

Single-Source Build-to-Suit PlatformTo best achieve the program’s objectives, InSite employs a single-source property acquisition,

production, and funding platform – the most effective and efficient platform in the build-to-

suit industry. The platform, powered by PremiSYS, InSite’s project “manufacturing” system, and

InSite’s $250M+ balance sheet, brings the following to each company project:

• Aggressive Property Acquisition—InSite’s 8-person Market Search Team uses technology

and “boots-on-ground” to identify and evaluate all “on-market” and “off-market” property

in each target market; InSite’s 6-person Legal Team provides fast, reasonable response to

document and close each property purchase.

• Rigorous, Low-Cost Production—InSite’s 12-person Production Team – responsible for the

systematic investigation, design, entitlement, and construction of each project – focuses on

precise and thorough execution, problem-solving, and total occupancy cost minimization.

• Certain Funding—project capital is either self-funded or funded with pre-committed

credit facilities.

PremiSYS – uses Henry Ford’s

principles of “progressive assembly”.

Large, Skilled, Self-Sufficient

Workforce – InSite’s 70+ person

workforce self-performs all essential

project origination, production, and

operations work.

Standardized, Detailed Processes

– using best practices honed from

500+ projects, processes consist of

highly-refined workflows and document

templates.

Automated, Seamless Assembly Line

– “WorkBench”, InSite’s proprietary

software platform, electronically

automates each process workflow and

synchronizes all process workflows to

seamlessly complete the project.

Representative Projects

Manchester, CT

Pensacola, FL

Chattanooga, TN Louisville, KY Northville, MI

Page 4: InSite Real Estate | Retail Build-to-Suit Program for Multi-Unit Tenants

Next Step: Program ProposalTo help determine if InSite’s Multi-Unit Build-to-Suit Program is right for your company, InSite will prepare a Program Proposal, tailored

specifically to your needs, for your review. The proposal will set forth the program in detail and will include a Prototype Project Model,

Rent Calculation, and Lease Term Sheet, each to be used on each of your company’s projects.

Program Proposal Steps

InSite Completes Tenant Record Tenant provides prototype building plans & specifications, financial statements, and existing customer profile if available.

InSite Issues Program Proposal to TenantProposal includes Tenant-specific Prototype Project Model (Plans, Schedule, and Budget template), Rent Calculation, and Lease Term Sheet template.

Tenant and InSite Review Program ProposalTenant and InSite identify and resolve Program Proposal issues.

Client Evaluates & Approves Program Proposal Tenant evaluates Program Proposal vs. market alternatives; Tenant approves Program Proposal.

Tenant and InSite Identify Target Market(s) Tenant and InSite use geo-demographic and customer analytic data to determine target market(s).

To receive a Program Proposal or discuss the Build-to-Suit Program in more detail, contact Tom Cervenka, Maggie Byrne, or any member of the InSite Retail Property Team.

InSite Real Estate, LLC 1400 16th Street, Suite 300 Oak Brook, IL 60523-8854 T: 630-617-9100 | F: 630-617-9120 www.insiterealestate.com

Copyright © 2017 InSite Real Estate LLC

All rights reserved. v2017-01 Adam Cole Managing Director – Retail Property 630-617-9165 [email protected]

Ken Erickson Managing Director – Retail Property 630-617-9108 [email protected]

Jason Gigot Managing Director – Retail Property 704-998-5430 [email protected]

Carolyn Kostelny Managing Director – Retail Property 630-617-6128 [email protected]

JR Kyes Managing Director – Retail Property 630-617-9144 [email protected]

Scott Nicholson Managing Director – Retail Property 630-617-9101 [email protected]

Tom Kostelny Director – Retail Property 630-617-9155 [email protected]

Bob Vonderhaar Director – Retail Property 630-617-9138 [email protected]

Brad Altum Real Estate Manager 630-617-9106 [email protected]

Stan Bobowski Real Estate Manager 630-617-9174 [email protected]

Tom Cleary Real Estate Manager 630-617-9156 [email protected]

Sam Clifford Real Estate Manager 630-617-9177 [email protected]

Katherine KingReal Estate Manager [email protected]

Anthony NiemiecReal Estate Manager [email protected]

Anthony SantiagoReal Estate Manager [email protected]

Jake WilsonReal Estate Manager [email protected]

Tom Cervenka Managing Director – Business Developement 630-617-9136 [email protected]

Maggie Byrne Director – Business Development 630-617-9178 [email protected]