Custom-built premises designed for a specific tenant.

Custom-built premises designed for a specific tenant.
Landlord (often institutional capital partner) develops to a tenant's specification, then leases on a long term (15–25 years).

Build-to-suit (BTS)

Construction · Global

Short definition

Custom-built premises designed for a specific tenant.

Full definition

Landlord (often institutional capital partner) develops to a tenant's specification, then leases on a long term (15–25 years). Standard for HQ deals above 200,000 sf.

Why this matters for Class A leasing

Build-to-suit (BTS) is part of the construction vocabulary that institutional Class A occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.

Custom-built premises designed for a specific tenant.

Custom-built premises designed for a specific tenant.
Landlord (often institutional capital partner) develops to a tenant's specification, then leases on a long term (15–25 years).

Build-to-suit (BTS)

Construction · Global

Short definition

Custom-built premises designed for a specific tenant.

Full definition

Landlord (often institutional capital partner) develops to a tenant's specification, then leases on a long term (15–25 years). Standard for HQ deals above 200,000 sf.

Why this matters for Class A leasing

Build-to-suit (BTS) is part of the construction vocabulary that institutional Class A occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.