With the increased optimism of the U.S. economy over the last 90 days and threat of inbound customs tariffs, the inventory of Available Industrial buildings has continued to decrease. This reduction in inventory will result in a corresponding expansion of Build to Suit (BTS) industrial facilities to support the growing market. The Hollingsworth Companies is uniquely suited to provide fast, flexible, industrial facilities in semi-rural locations for tenants that are interested in leased properties. These semi-custom BTS facilities can be located in a SouthPoint Business Park or in a location strategically selected by the tenant.
The Hollingsworth Companies continue to perfect the development, construction, and lease of masonry and steel buildings from 87,000 to 500,000 SF. In 2016, the company continued to build its development portfolio with construction techniques developed over 35 years of BTS service. One such BTS project was a 192,000 sq. expansion for an existing tenant in the SouthPoint Business Park, Prince George, VA. This Build to Suit required special attention as the expansion needed to be carefully timed to prevent interrupting the clients continuing production process. The connection of the expansion to the original facility was timed to coincide with a yearly, one week maintenance shut down. The expansion was completed on time and on budget and achieved goal of transitioning during the maintenance period.
Key benefits of The Hollingsworth Companies Build-to-Suit
facilities include:
- Support with economic development incentives
- All site development work
- Facility design and construction
- Zero cash flow burden during construction for leased facilities
- Ready in as little as 6 months
General Building Features include:
- Steel and masonry construction
- Standing seam metal roofing
- 6”, 4000 PSI Concrete slab
- 32’ clear ceiling height
- 60’ x 60’ column spacing
- Fully insulated walls and ceilings
- ESFR Sprinkler systems
- Flexible design with room for future growth
To find out more about The Hollingsworth Companies Build to Suit/Lease to Suit program, contact Tom Mann at tmann@hollingsworthcos.com or Tom Wortham at twortham@hollingsworthcos.com.
