Historically, the Metro Phoenix Office Market would most accurately be describe as a “Field of Dreams” market…”If you build it, they will come.” In this case, Ray Kinsella (Kevin Costner) is plowing down cotton fields to throw up Class A office space in the hopes that “Shoeless Joe” aka AAA Credit Tenant comes along to lease a large chunk of space, if not the entire project. This is not always the case though. Below is a cool infographic we created to help simplify the complicated Build-to-Suit Development Process.
If you or your company has ever thought about creating your own identity then Build-to-Suit Development is the best bet to put that custom stamp on the marketplace. We have worked with groups looking to do Build-to-Suits from as small as 10,000 SF to 150,000+ SF.
The most important thing in the process below is to make sure you have an advocate on your side to help guide you through. I’m happy to answer any questions you have on the process. Already have experience with a BTS? I would love to hear about your experience, good or bad.
Click here for the large image.