Quote:
Originally Posted by Rainger99
So the Publix and the McDonald's in Magnolia are rented from the Villages? Does anyone know who built the buildings - was it the developer or the tenant? I have no experience in commercial real estate but I would hate to pay for the construction of a building that is owned by the landlord.
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Developer builds the buildings. Just like all the real estate in the squares and all the other commercial real estate (i.e. The Plaza’s) that is golf course accessible.
A store like McDonalds will give the developer their specs for a building, but the owner of the real estate arranges for it to be built.