What does build to suit mean?

What Does "Build to Suit" Mean?

"Build to suit" refers to a development approach where a property is designed and constructed to meet the specific requirements of a tenant, who has agreed to lease the property once it's completed. The build to suit approach is used primarily in commercial leases, where a developer constructs a building specifically for a tenant's needs, such as particular layouts, facilities, or technologies. This approach is common for retail chains, corporate offices, or industrial facilities, ensuring the space perfectly aligns with the tenant's operational requirements and preferences before they move in.