Build-to-Suit Case Study

Exterior of industrial building

Industrial Build-to-Suit Listing

Key Information

Client: Local Developer & Investor
Location: Allentown, PA

Challenge

NAI Summit was selected by a developer and investor to exclusively lease a newly acquired 50,000 sq ft industrial and flex property in Allentown, Pennsylvania. The developer recognized the potential to reposition the underutilized and aging structure into a modern multi-tenant facility. General renovations commenced promptly following acquisition, and the owner was eager to offer build-to-suit options. To maintain construction momentum and maximize return on investment, pre-leasing the property was a key priority.

Approach

Quick to Market

Actively pursued potential tenants and conducted several property tours in the first days of marketing.

Focus on Vision

Provided multiple layout configuration iterations to help tenants visualize the property’s full potential.

Prioritize Location

Highlighted the site’s excellent access to major highways and strong regional connectivity for users.

Results

Within six weeks, NAI Summit successfully pre-leased a majority of the suites. This enabled the owner to continue the facility conversion on schedule without delays associated with tenant fit-out negotiations. Marketing efforts continued for the single remaining suite, while the owner benefited from anticipated and stabilized income. The final suite was successfully pre-leased within four months of going to market.