Build-To-Suits

By partnering with leading developers, VEREIT's built-to-suit program provides capital for fee development and forward take-out commitments. Build-to-suit opportunities are available for creditworthy tenants in need of a new, custom retail, office or industrial facility with a long-term lease. Additionally, we are positioned to roll out tenant concepts across the country with a retailer's preferred developer. Learn more about our capabilities and featured transactions here.

Custom Building Program

Build-to-Suit Project Example

  • Tenant:
    MedAssets, Inc.

    Building Type:
    Class-A, Four-Story Office Building

    Location:
    Dallas, Texas
  • Partner:
    Trammell Crow Company

    Square Feet:
    225,000


     
  • Purchase Price:
    $46.2 Million

    Closed:
    February 2013

VEREIT entered into a development agreement with Trammell Crow Company to develop the four-story, Class-A office building in the Legacy Business Park in Plano, TX, leased and 100% occupied by MedAssets, Inc. The property was completed early in 2013 and serves as a regional operations center for MedAssets.

 

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