What does Build-To-Suit mean?

A type of real estate development in which a property is built to the specific needs and specifications of a tenant. The tenant typically has input into the design and construction of the property, and may lease or purchase the finished building.

Related Terms

American Society of Home Inspectors Depreciation Expense Stop Bundle of Rights Principle of Progression VA Blind Nailing Broom Clean Building Line Or Setback Early Occupancy Oral Agreement Settlement Mixed-Income Housing Security Non-Assumption Clause Fixed Time Boundary Tenancy By The Entirety