Build to Suit

Build to Suit Advantages:

  • Preservation of Working Capital
  • Minimal Monetary Investment
  • Limited Time Exposure
  • Future Flexibility
  • Possible Tax Advantages
  • In-House Property Management

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The Build to Suit and the Design Build process are similar. The difference is a Build to Suit, commencing at the completion of construction, is leased for a predetermined period of time. This allows a company to preserve its capital for business operations, rather than real estate investment. Additionally, this approach also provides term flexibility to a company. The Build to Suit and Design Build process is a seamless, turnkey, single contract for services, method of building delivery. From conception through completion, historically, this method of construction has proven to reduce both project cost and completion time. As a full-service property developer, and through our strategic partnership with Kingham Dalton Wilson, Ltd. (KDW), Welcome Group offers Build to Suit and Design Build services for single tenant buildings in Texas, Louisiana and other Gulf Coast States. See the link below for a step by step explanation of how the Build to Suit and Design Build process works.

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Build To Suit Process

As a full-service build to suit services developer, Welcome Group’s design and construction team will use our collective knowledge and experience to ensure the ultimate success of your project using our time tested process. Welcome Group will

  • Perform a thorough assessment of your company’s facility requirements.
  • Create layouts of the building site and if needed, a conceptual site plan.
  • Offer cost saving design suggestions from the conceptual design and estimate.
  • Begin the process of due diligence to determine if the site is economically feasible for development.
  • Design and construct using our collective knowledge and experience to ensure the ultimate success of your project.
  • Will provide support throughout the term of your lease through our dedicated property management team.

Turnkey Design Build Services

Through Welcome Group’s affiliation with KDW we simplify the real estate development process. KDW handles all design/build construction as well as Welcome Group’s build-to-suit construction. Their innovative turnkey services are customized to meet the client’s needs while delivering the highest quality projects faster and more economically. KDW contracts all architectural and engineering services and designs to a specific target budget. KDW’s turnkey services are ideal for projects of all sizes and complexities.

Services include:

  • Site Selection & Due Diligence
  • Zoning & Deed Restriction Review
  • Site Master Planning
  • Full Architecture & Engineering
  • Technical Specifications
  • Signade/Graphic Design
  • Constructability Reviews
  • Safety Control
  • And more

Full Service Build to Suit Development

Welcome Group, LLC., headquartered in Houston, Texas, is a group of companies that provide a unique service of being a “one-stop-shop” for single-tenant real estate development. Welcome Group has extensive expertise in land acquisition, design/build and build-to-suit construction, construction financing, permanent financing, sale-leasebacks and acquiring existing single-tenant facilities. Welcome Group understands the many challenges and complications of real estate development and has an excellent reputation for providing clients unparalleled service. Welcome Group designs and delivers projects that provide tenants with functional, high-quality space at competitive rate structures.

Services provided by Welcome Group:

  • Build-to-Suit
  • Turn Key Design/Build
  • Land Acquisition
  • Single-Tenant Building Acquisition
  • Design & Architectural Services
  • Sale-Leaseback
  • Site Selection
  • Value Engineering
  • Property Management of Owned Facilities
  • Land Due Diligence
  • Project Budgeting
  • Construction & Permanent Financing

Welcome Real Estate Services

A subsidiary of Welcome Group LLC, Welcome Real Estate Services provides our tenants with Certified Property Managers (CPM®) from the Institute of Real Estate Management (IREM). Our Tenants are given personal attention and full /direct access to us as landlord instead of working through a third-party management company. Welcome Real Estate Services works in partnership with our tenants by helping maintain the property and plan for our tenant’s goals of their business, whether expanding their existing facility or moving and expanding to a different facility without any disruption.

Our team of property managers focuses on maximizing your experience as a Welcome Group tenant by:

  • Helping to Maintain Your Facility – Ensuring the proper upkeep of your facility can be crucial to your production and the success of your business. Our Real Estate Management professionals will help our tenants address the needs that can arise when caring for the building. We can offer resources that address any maintenance needs, including proactive preventative maintenance as well as services such as tax protesting.
  • Managing Tenant Relationships Welcome Group assists our tenants with renovations, expansions or relocation needs. In addition to accommodating our tenant’s facility necessities, we work proactively to assist our tenants by managing lease expirations, renewals and accounting obligations.

We’re here to help!

Welcome Real Estate Services provides excellent due diligence to ensure tenants operate within legal parameters and accommodate any and all questions our lessees may have. We are dedicated to our tenants by providing the care and attention needed to keep their business running smoothly and efficiently.

Our real estate management services include, but are not limited to the following:

  • Insurance Index – Welcome Real Estate Services performs annual negotiations of rates, insurance, lease compliant, obtaining tenant certificates, document management, lender compliance, and maintain insurance broker dialogue. We keep insurance rates as low as possible to assure we reduce cost for our tenants.
  • Tax Index – Welcome Real Estate Services performs annual protesting/services of taxes and property values (this is a multi-step process over 6 months), hiring tax protesting firms, collection and payment of taxes as well as end of the year reconciliations.
  • Rent Invoicing – Welcome Real Estate Services handles the monthly calculations which include sending out invoices, processing rent payments, handling all questions from tenants, working with tenant’s accounting departments and document management.
  • Maintenance Repairs – Welcome Real Estate Services works with our tenants by assisting to escalate annually and quarterly maintenance contracts, site visits, managing correspondence between tenants, vendors and the owners, vendor referrals, managing catastrophic issues such as storm and hurricane damage (fixing damage, dealing with insurance claims, coordinating vendors, etc.), resolving lease issues, and application of all lease requirements and obligations for tenant and owners.
Welcome Group

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Contact Email:

info@welcomegroup.com

Headquarters:

5858 Westheimer, Suite 800
Houston, TX 77057