The Jenkins Organization’s build-to-suit program offers our clients a real estate solution free of direct ownership. For the company that would prefer to lease a facility, The Jenkins Organization, Inc. can custom build your facility to your specifications at your desired location, with competitive lease rates and flexible lease terms to suit your needs. Your company gains a new custom building without time consuming project coordination, day-to-day oversight, and best of all, without committing company capital which could be more effectively applied to core business activities. Because we bring our own sources of capital to a project, keep the required construction management team on staff, and retain a landlord’s vested interest, a Jenkins Organization build-to-suit is ready for move-in sooner and is delivered on budget. Following are the benefits to The Jenkins Organization’s build-to-suit program:

 

Liquidity - Since The Jenkins Organization, Inc. provides all funds necessary for the acquisition and development of the property, our clients do not have to tie up their capital in real estate. Our program enables our clients to fund new construction, including the cost of the land acquisition, without tying up its capital or credit in land and buildings.

Design, Control - A build-to-suit will allow our clients to design and control their own building.

Operating Costs - Streamline operations by designing a facility to your needs and specifications, thereby reducing operating costs and improving earnings and cash flow.

Increased Borrowing Capacity - Not owning real estate improves the company’s liquidity, thus increasing borrowing capacity.

Off-Balance Sheet - Leases are generally structured so that they qualify as “operating leases” under the criteria set by the Financial Accounting Standards Board. Thus the lease obligation does not appear on the balance sheet.

Increased Return On Assets (ROA) - Eliminating debt from our clients balance sheet enhances our clients Return On Assets.

Fully Deductible Rent - The rent is fully deductible over the term of the lease, making our clients after tax cost less than other forms of asset based financing.

Personal Approach/Flexibility - Our personal approach and flexibility will enhance the efficiency of the entire project.
Quality First - The Jenkins Organization’s development policies and quality control procedures will produce the highest quality development possible.
Cost savings - The Jenkins Organization’s low overhead and cost conscious approach will result in the lowest possible rent.