Turnkey Development & Lease Program

The Butler Build-To-Suit Program
Butler's build-to-suit program combines the quality of Butler building systems, the construction expertise of the Butler Builder® network, and the development capability of Butler Real Estate, Inc. This combination of strengths all under one roof is truly unique in the commercial real estate industry today. The Program allows a butler customer to construct a turnkey build-to-suit project with little or no capital investment. All land acquisition, the construction financing and the ultimate financial ownership of the property are covered under Butler Real Estate's program. Other benefits of the program include: Leases that provide "off balance sheet" accounting treatment (operating lease) Long term fixed rentals at competitive rates Leases that provide you with total operational flexibility Tax advantages vs. ownership Long term renewal rights can provide complete control of the property for its economic life	Qualification Criteria *Transaction Size:* Minimum of $2 million (less if multi-site) Lessee Credit: Moody's Baa or S&P BBB (or equivalent) Lease Term: 10 to 25 years *Property Type:* Office, Industrial, Retail or Distribution Location: North America Rent Structure: An absolute net lease is designed to meet the needs of the lessee

Butler Manufacturing And Butler Real Estate - Total Turkey Development From a Single Source Since the early 1900's the name Butler has been synonymous with the concept of the highest quality pre-engineered building systems. The strength of the various products combined with the quality of the Butler Builder network has made Butler the preferred supplier and leader in its industry. This, along with the development and financial structuring of Butler Real Estate, has enabled Butler Builders to provide a truly unique turnkey development program for their customers.	HERE'S HOW IT WORKS....... Step 1: The Butler Builder identifies a prospect that appears to qualify for the program Step 2: The Builder contacts Butler Real Estate and supplies details of the proposed transaction Step 3: Butler Real Estate will provide a written lease proposal for inclusion with the Builder's construction proposal, tailored to meet the needs of the customer Step 4: If terms are agreeable, the customer signs a lease. The land is then acquired and construction begins while project financing is provided by Butler Real Estate Step 5: Upon completion of construction, tenant takes occupancy and rent commences.