Design-Build-Lease

When your Agency needs specific leasehold office or warehouse space, (space that meets your requirements exactly), Xira Partners is the one source with ready capital, a nationwide team and experienced staff standing ready to get you in your building at competitive prices, with the minimum about of hassle. 

Xira Partners’ Design-Build-Lease (DBL) program is suited perfectly for Federal Government Departments and Agencies that seek to lease Office, Warehouse, or Office/Warehouse space that cannot be found in existing spec inventory.

Our team has well over 100 years experience in developing, building and managing commercial, residential and industrial real estate. We have the knowledge to keep the “concept” time to a minimum and the expertise to get the building done quickly without sacrificing quality. 

We will build and own the building, and lease it to you.

The process is structured to give you what you exactly want; not sort-of what you want, maybe, and we have financing in place.

We will typically find a number of tracks of land that will accommodate your building needs.

Then, once a site is settled on w e will exercise an option on that site to hold it while we work with you to design the perfect building on your selected site.

Once designed and accepted by you, we will compute our cost to purchase the site and build your building.

Once a lease has been negotiated, based on our cost, we will buy the site, build the building* and deliver you the keys.

We own and manage the building.  Your Agency will lease it from us.   Your obligation is to make the lease payments, as agreed, over the term of the lease. We take care of everything else.

Here in a nutshell is our DBL Program:

1.     Agency or Department requires leasehold building.

2.     Xira’s team searches high and low to find sites that work.

3.     Agency or Department selects the site from our list that is best.

4.     Xira works with Procurement Team to design a building.

5.     Agency or Department okay’s building design, and lease is negotiated.

6.     Upon signing lease, 100% of the cost of the project is place in bank, land is purchased, building is built under bond*, and when finished,

7.     Agency or Department moves in.

We do all the heavy lifting.  We provide 100% of the capital necessary to accomplish the goals.

We enter into a full service lease with the base and variable cost identified. The base cost (plus inflation adjustments) is fixed. The operating cost (variable) is estimated in year one and adjusted annually thereafter.

Terms should run from 15 to 25 years, with appropriate extensions, as required.

The longer the initial term of the lease, the lower the lease payments.

And that is it. Xira Partners Design Build Lease Program in a nutshell.

(*) We should mention that our builders are bonded, with capacity up to $120 million, and every building is bonded during construction.

Please let us determine if our
program works for you.

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Limitations

The cost of our minimum size transaction should total at lease $5 million dollars. That, then limits the size of the building that will work under our DBL Program.

Depending on geographic location, our size limits vary. For instance an office building in California will cost more to build than an office building in Mississippi.  The same holds true for other types of buildings.

So, we may be limited, for instance, to a minimum of 35,000 sq. ft. for land and an office building in one area, with that going up to perhaps 41,000 sq. ft. in another area for the same building.

For rules of thumb, in most cases we are good to go on office projects over 40,000 sq. ft. and on warehouse projects over 60,000 sq. ft. If it is a combination office/warehouse, the office-warehouse gross sq. footage should be at least 50,000 sq. ft.

Many variables may effect the cost, thus the workability, of any given project. The more special purpose a building is, the greater the possibility a smaller building will fit within our guidelines.

Again, if there is question regarding the size or nature of your project please let us take a look at it to see if it might work for us both.