May Tenant Advisory

ASSESSING &MANAGING BUILD-TO-SUIT RISKS & CONSIDERATIONS

FINANCIAL CONSIDERATIONS

Transaction Structures: Lease vs. Own

Construction Risks / Insurance

Negotiating for “Hidden Costs”

Leveraging Credit: Creating “Downstream” Value / Equity

Environmental Considerations

Property Appraisal & Sale Process

Developer Fee Assessment & Negotiations

Budget Controls

Tax Credits & Considerations

Financial Negotiations

Developer / Landlord Financing

Delivery Date & Completion Guarantees

“Guaranteed Maximum Price” and Open Book Process

Formula Lease / Off-balance sheet transactions

Landlord / Tenant Improvement Allowances

Impacts of Financial Markets

Close-out Services (Warranties, etc.)

Guidance in Selection of the Right Development Team

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