Fee Development

Fee Development

VEREIT's fee-based development program seeks opportunities to partner with businesses in vital markets across the country. The project is managed from start-to-finish by our fee-based development partner or your preferred developer. 

Fee Based Development Program

Fee Development Project Example

    • Tenant: Family Dollar
    • Building Type: Portfolio of 25 Single-Tenant Retail Stores
    • Location: Four States
    • Partner: Boos Development
    • Square Feet: 212,000
    • Purchase Price: $50.3 Million
    • Closed: August 2013

VEREIT acquired a Family Dollar portfolio through a fee development agreement with Boos Development. Boos Development constructed the properties to lease to Family Dollar and sold them to VEREIT upon completion of construction.