CRE TENANT ADVICE Thursdays:
Although difficult & frustrating it's important to estimate a budget for your commercial space build out as every business has different space needs with some being more expensive than others depending on the type of space your leasing, business functions, & current space condition.
In most cases any Tenant Improvement Dollars you receive from your Landlord won't cover your entire cost plus it will be restricted to just hard & soft costs. Landlords are only concerned about improvements that potentially increase the value of their buildings.
Knowing the difference between what it cost you & what the Landlord is willing to give allows you to make modifications upfront if necessary & not during the actual building process which could more costly.
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