With this option, Chesterfield provides all project financing, and complete project management of the entire development cycle from site due diligence and acquisition, through permitting and entitlements, and design and construction, in accordance with the end user’s program requirements. The end user has the option to lease or purchase the completed facility.

Who would benefit from a Build-to-Suit?

  • Companies interested in financing their project through an operating lease and hedging against exchange rate fluctuation risk
  • Companies looking to outsource the development and construction risk and take over the completed facility
  • End users interested in turnkey development from a single point of contact and accountability

The Build-to-Suit approach is applicable to both new construction and renovation / adaptive reuse of existing facilities. Related services and forms of financing Chesterfield can provide include:

  • Land and existing facility acquisition on behalf of the end user
  • Underwriting based on a parent company guarantee for companies in good standing, but lacking US credit history
  • Equipment financing independent from the facility