In this article, you'll learn:

• The benefits of placing your Tenant Improvement Allowance (TIA) in escrow.
• How escrow accounts protect tenants and ensure proper use of funds.
• Current trends in office market pressures and rising TIA offers.

Negotiating the Tenant Improvement Allowance (TIA) was already one of the most critical aspects of lease negotiation. Now, let’s throw in the uncertainty that your landlord may not be able to provide what they promise, and prepare for things to get dicey.
Amidst an oversaturated office market, landlords are feeling the pressure to offer generous concessions to attract tenants. And at the same time, the demand for premium properties is skyrocketing compared to the performance of B and C class offices. All this culminates in the fact that landlords are offering higher TIA's than ever, but if you don’t implement protections before signing your lease, your finances may be in jeopardy. Learn about why tenants should consider putting their TIA's in an escrow account and what happened that led to this.