Buildouts – Cash Flow and Expectations

Buildouts – Cash Flow and Expectations

If you have ever been a part of a buildout, you know that landlords tend to want strict control over cash flow particularly the review process and the resulting distribution of funds. If you’ve not yet experienced it, should a buildout be in your future, you will. As part of a tenant managed build where you hold the construction contract, …

The Role of the Construction Project Manager

The Role of the Construction Project Manager

A construction project manager’s role begins with the same skills as other project management careers including the initiation, planning, execution, performance/monitoring, and completion/closure. Of course, at that point, the similarities between the role of a construction project manager and other project management positions end. A construction project manager demands extensive expertise and knowledge of the construction industry, which offers a …

Who is Managing the Buildout?

Who is Managing the Buildout?

In all likelihood you know that buildouts are handled most commonly in one of two ways, either a landlord-managed buildout or a tenant-managed buildout. In most cases, turnkey buildouts by landlords are not very common. Along that line, tenant managed buildouts may be most attractive to some tenants, and at the same time, not provided by landlords. And, then tenant-managed …

Retail Space Buildouts – What You Need to Know

Retail Space Buildouts – What You Need to Know

You’ve finally found your ideal property, the one that is the perfect match for your new office, retail store, or restaurant. The only thing is, your new space needs a redesign, a build-out as its commonly called. Here are the items you need to consider to get the job done right, and get your business up and running, quickly and …

What You Should Ask Before Signing Your Commercial Lease

What You Should Ask Before Signing Your Commercial Lease

So, after a long and thorough search, you’ve found the ideal property for your business. Be it retail space, office suites, or other business venture, there are a few questions you should ask yourself before you sign your commercial lease. Your Business Structure To protect yourself, your corporate structure should be in place before you sign a commercial lease. You …