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1st gen → 2nd gen NNN

Takeout certainty on your 1st gen delivery.

Forward commitments on completed product, priced before you break ground and closed on rent commencement.

Discuss a forward commitment

What actually matters to you

  • Takeout certainty

    A committed buyer at certificate of occupancy, not a marketing period that begins once you have already spent the money. You know who is closing before you break ground.

  • Timing

    Days from CO to funded, not months. The commitment and the diligence happen while you are building, so closing is a formality rather than a process.

  • Pricing at CO

    Locked economics agreed up front. You are not exposed to where the market happens to be on the day your building is finished.

Taking down completed product

Days from certificate of occupancy to funded, on deals committed before construction finished.

Completed product taken down, CO to close
Delivered assetPriceCO to close
QSR pad, single tenant$2,410,00021 days
Small-format retail$1,690,00014 days

Why we run this program

Like sale-leaseback, it manufactures inventory that feeds every buy-side practice we run. Your finished building is the product our buyers are waiting for, which is why we can commit to it before it exists.

Discuss a takeout

Nothing is marketed and nothing is shared. This is a conversation about a building you have not built yet.

Tenant, format, market and expected CO date if you have one.