Speed To Market_Office_ROI
- 1. Speed to Market: Office Case Study
Typical “Build to Suit” Office Building
7 months 20 months2 months
BID CONSTRUCT
9450 Ward Parkway
307,475 gross square-feet office (298,675 leasable square feet); 265,000 gross square-feet garage; 17.5 acre site
22 months
DESIGN BUILD
29 MONTHS
22 MONTHS
CASH FLOW BENEFITS
Shorter schedule results in faster
investment property turnover
Accelerated turnover releases working capital
Freed up capital improves overall operating liquidity
DESIGN
Final project costs
3 months
Final project costs
HOW
Assume $25/SF lease rate ($2.08/SF per month)
7 months of schedule savings x
$2.08/SF x 298,675 LSF = $4,348,708