Our Suite of Development Services
Master Development
PROGRAM, DEVELOP AND MAINTAIN A PLACEMAKING ENVIRONMENT
As Master Developers, we understand the institution’s desire to continue to retain fee simple ownership of land while generating immediate and long-term cash flows to support operations and advance institutional mission.
Sully Development works closely with our institutional partner to determine the overall vision, layout and programming for large-scale development projects, overseeing all aspects from design and programming to financing to construction and marketing for the site.
Utilizing a network of co-development and equity partners, we program, develop and maintain a placemaking environment through self development and ground sublessees.
Turnkey Asset Delivery Methods
BUILD-TO-SUIT (BTS) & DESIGN-BUILD-FINANCE-OPERATE-MAINTAIN (DBFOM) ASSET DELIVERY METHODS
Whether the institution seeks full ownership and control over the Project or seeks to de-risk aspects of real estate development, Sully Development is here to help. We provide turnkey solutions to all applicable aspects of a Build-to-Suit (BTS) and Design-Build-Finance-Operate-Maintain (DBFOM) asset delivery method, and identify the optimal asset delivery method based upon client programming needs, capitalization and transaction structure, appetite for risk and desire for control.
These structures follow the more typical Public – Private – Partnership model, and are often activated through Owners Representation Agreement, Development Agreement or Concession Agreement transactions. These formats allow the institution to maintain the desired optimum mix of leverage and control over ownership and management decisions, design, programmatic use and maintenance of the asset.
Commercial Real Estate Advisory
A FULL RANGE OF ADVISORY SERVICES TO BRING A CONCEPT FROM VISION TO DELIVERY
From forming and executing a Pre-Development plan to capital formation and the execution of specific capital projects, our team is able to deliver thoughtful solutions steeped in the overall mission of the institution.