In this article, you'll discover:

  • The impact of choosing between turnkey improvements and a set dollar tenant improvement allowance.
  • How landlord involvement in construction can affect your allowance.
  • The importance of accurate space measurement for maximizing your allowance.
  • Tips for negotiating tenant improvement allowances and managing the construction process.

When tenants negotiate leases, they frequently focus on the basic numbers -- the amount of the per square foot rent, the size of the space and the size of the tenant improvement allowance. However, seemingly small details can have a significant impact on the overall economics of the transaction -- frequently outstripping what a dollar or two of rent would mean. This is especially true when it comes to your TI allowance.

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