insite real estate | industrial build-to-suit program for multi-unit tenants
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Industrial Build-to-Suit Program
High-Performance, Low-Cost Facilities, Market-Responsive, Transparent Transactions, Certain, Hassle-Free Execution
...Nationwide
Kevin Van den Daelen Director – European Industrial Property +44 (0)20 3882 7994 [email protected]
2 | InSite Real Estate
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, automotive suppliers, manufacturers, third party logistics
companies, food & beverage distributors 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 completed over
500 build-to-suit projects in over 35 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.
25+ Years of Successful Tenant Relationships
Newell-Rubbermaid Brimfield, OH860,000 SF Build-to-Suit
Coats & Clark Albany, GA400,000 SF Redevelopment/Expansion
General Motors Ypsilanti, MI2,500,000 SF Purchase/Redevelopment/Expansion
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 80+ 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.
Calphalon Bowling Green, OH363,000 SF Build-to-Suit
Dometic Goshen, IN250,000 SF Build-to-Suit
Cott Beverages Joplin, MO231,000 SF Expansion
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).
Ted Prasopoulos Managing Director – Industrial Property 630-617-9145 [email protected]
To receive a Program Proposal or discuss the Build-to-Suit Program in more detail, contact Tom Cervenka, Eric Uebelhor, or any member of the InSite Industrial 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 Ted Prasopoulos Managing Director – Industrial Property 630-617-9145 [email protected]
Dan Kostelny Senior Director – Industrial Property 630-617-9111 [email protected]
Kevin Van den Daelen Director – European Industrial Property +44 (0)20 3882 7994 [email protected]
Tom Cervenka Managing Director – Business Developement 630-617-9136 [email protected]
Eric Uebelhor Director – Business Development 630-617-9179 [email protected]