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Updated over 5 years ago, 04/29/2019

User Stats

117
Posts
34
Votes
Michael Pittman
  • Real Estate Agent
  • Houston, TX
34
Votes |
117
Posts

Pre Leased Strip Mall Development

Michael Pittman
  • Real Estate Agent
  • Houston, TX
Posted

Does anyone have any advice on doing a small shopping center development (3-6 tenants) and having it pre leased before construction and what that process looks like with the bank?

I have a couple of vendors who have expressed that they would lease from me if I did a retail development in Houston, Texas. I’m a Commercial Realtor so I understand the transaction process. Just don’t understand the development process between the Bank for a pre leased development. 

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