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Build to suit

In the world of commercial real estate, build to suit stands out as a unique and customized approach to developing industrial properties. This concept refers to constructing buildings specifically designed to meet the needs of a tenant. Whether it’s for manufacturing, logistics, or distribution, this model ensures that every aspect of the building aligns with the tenant’s operational requirements.

Central Business Park is at the forefront of providing these tailored industrial solutions, offering businesses the perfect environment to thrive with state-of-the-art infrastructure and services. With CBPark, companies can expect a seamless integration of their specific needs into the design and construction of their industrial facilities, ensuring optimal efficiency and productivity.

Custom-built industrial real estate solutions in Mexico

Mexico has emerged as a prime destination for build to suit industrial projects, thanks to its strategic geographic location, robust infrastructure, and extensive connectivity through road, rail, and air. These attributes make it an ideal hub for manufacturing, e-commerce, and logistics companies looking to optimize their operations and reach key markets efficiently, including the United States and Canada.

The build to suit process in Mexico involves several crucial stages to ensure that the final product meets the tenant’s exact specifications and operational needs:

1. Choosing a location

This can be an industrial lot within a park, a speculative warehouse under construction, or land designated for standalone industry.

2. Test fit

Determining the best layout that maximizes the land’s potential and meets the company’s requirements.

3. Determining specific needs

Developing a detailed list of operational requirements to ensure the facility supports all necessary activities, from production to distribution.

4. Construction planning

Defining construction costs and project execution timelines based on the specified needs.

A key advantage of build to suit projects is the ability to control and customize the development process. This results in several benefits, including enhanced productivity, proper planning of activities, and the assurance of a new building constructed to the highest quality standards. Moreover, companies can guarantee the cost of the building, avoiding unexpected expenses and ensuring the project stays within budget.

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CBPark: your strategic partner for customized projects

Central Business Park (CBPark) offers unparalleled build to suit opportunities for businesses seeking industrial real estate solutions. It provides cutting-edge infrastructure and world-class services, positioning itself as the ideal ally for success in the industrial sector.

CBPark is designed for light and medium industries, offering a variety of facilities to meet diverse business needs. These include the development of warehouses and industrial buildings available for both rent and sale, state-of-the-art distribution centers comprehensive storage and logistics solutions, and specialized manufacturing facilities. Additionally, CBPark excels in build to suit projects, ensuring that every facility is customized to the specific requirements of each business.

With its strategic location in Mérida, Yucatán, and a commitment to providing the most complete services, CBPark guarantees maximum operability and functionality for its clients, making it the preferred destination for companies looking for excellence in industrial real estate.

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What is a build to suit lease?

A build to suit lease is a fundamental aspect of any successful build to suit development project. This type of lease agreement involves a landlord or developer constructing a commercial building tailored to the specific needs of a tenant. The process encompasses all steps necessary to select, acquire, finance, and lease a property where a custom-built facility is constructed.

Key components of a build to suit lease include the involved parties, description of premises, term, renewal options, commencement date, rent, and maintenance responsibilities. Typically, the tenant is responsible for taxes and maintenance, while the landlord ensures the building meets the agreed specifications before handover.

The advantages of a build to suit lease are manifold. Tenants benefit from preserving capital, as they do not need to invest in purchasing real estate. Additionally, rent payments under a build to suit lease are 100% tax-deductible, providing significant financial advantages.

Finally, this lease structure also offers flexibility, allowing businesses to adapt to changing market conditions without the long-term commitment of property ownership. Most importantly, the custom design of the facility maximizes space, efficiency, and long-term cost savings.

Discover how CBPark can provide the perfect build to suit solution for your business. Contact us today to explore our facilities and learn more about our customized industrial real estate options.

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