As you search for the ideal space to grow your business, you have to consider multiple costs – the cost of rent as well as the build out costs required to get the space ready for your business. Trying to estimate cost of a build out can be challenging given you must do much of the planning prior to signing …
You Can Update Your Office Space on a Budget
Has your office space gone out of style? Can you remember the last time you updated your space? If not, now may be the perfect time to update your office space, not only for the sake of your customers, but also for your employees and the success of your business. Many business owners avoid updated because they feel it will …
What Does a Tenant Improvement Allowance Actually Cover?
If you are planning to move to a new office space soon, you likely have a list of renovations and improvements you would like to see in the new-to-you space. If this describes you and your company, you should know the importance of negotiating a tenant improvement allowance in your lease. Let’s take the time to define the tenant improvement …
Points to Ponder Before Leasing Commercial Property and The Subsequent Build Out
When considering commercial property and the build out which often follows, there are certain points to make sure you are clear on before proceeding. After all, once you have signed the lease for a commercial space – office, retail, or other – it is too late to make changes. Here are some tips to help you ensure you get exactly …
Build Out Tips
As the tenant engaging a commercial real estate lease, you already know you need to budget for the upcoming build out to get the property prepared for doing business successfully. Negotiating the lease to your advantage means a tenant improvement allowance or a turnkey buildout completion which includes needed improvements such as doors, walls, outlets, flooring, painting, etc. With a …