The Owner User Build Strategy
Another variation of small-bay industrial is building individual buildings and selling them to owner-users instead of leasing the entire project. This is something we have been working on quite a bit across the U.S.
Instead of building a park, leasing it up and waiting for stabilization, you can potentially build individual units or buildings and sell them directly to business owners.
In the right market, that can create a much quicker exit and allow you to recycle your capital faster.
It’s not the right strategy for every site, but it’s another option developers should understand when looking at a small-bay project.
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Cody Payne
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The Owner User Build Strategy
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