What Does a Tenant Improvement Allowance Actually Cover?

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 …

Build Out Tips

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 …

Understanding Build Out Costs and Planning Appropriately

Understanding Build Out Costs and Planning Appropriately

Planning an office build out can be challenging. Not only do you have to come up with the optimal design for the space, but you also have to estimate and plan the cost of the project and try to stay in budget and on time to see the project to successful completion. Of course, this means you need a designer, …

Questions to Ask Before Hiring a Contractor

Questions to Ask Before Hiring a Contractor

When you are preparing to build out a property, whether as the tenant or as the property owner, you’ll need to call on a reputable professional contractor or construction company to help you get the job done right. As you begin the selection process for your build out, there are a number of questions to ask to ensure you get …