Build to suit

What is a build-to-suit?

In a build-to-suit ("BTS"), W. P. Carey funds and manages the construction of a new facility or the expansion of an existing one to meet the specifications of a prospective or existing tenant. Upon completion, the company enters into a long-term net lease, while securing full operational control of the new or expanded facility.

Read our BTS Guide arrow_right_alt Contact the Team arrow_right_alt

Benefits of a build-to-suit

We have extensive experience working with developers and tenants to structure customized build-to-suit financing programs that meet their specific needs -- whether it be traditional construction financing that funds over time or take-out financing upon completion.

 

location_on
Choose Your Location and benefit from on-the-ground teams across the U.S. and Europe
factory
Design a Custom-Built Facility funded by W. P. Carey
attach_money
Preserve Capital to invest in your core business, including balance sheet recapitalization, acquisitions and R&D
settings
Secure Operational Control of the facility
assignment_turned_in
Potential Tax Benefits by deducting 100% of rental payments rather than being subject to interest limitations for traditional debt as defined by tax law
handshake
Gain a Long-Term Partner with the capital to fund future expansions, build-to-suits, building renovations, energy retrofits and more
Learn More arrow_right_alt

Build-to-suit case studies

Drone photo of the exterior of a Terran Orbital Corporation building

Terran Orbital

Sustainable redevelopment of outdated portfolio asset into state-of-the-art, sustainable industrial facility in Irvine, CA.
The inside of an EoS Fitness facility, owned by W. P. Carey Inc.

EoS Fitness

$42 million acquisition of three state-of-the-art fitness facilities in Arizona from developer.
Interior of a warehouse leased to Harbor Freight and owned by W. P. Carey

Harbor Freight

$115 million expansion of mission-critical distribution facility supports growing tenant.
Explore More Case Studies arrow_right_alt