REoptimizer® Blog

Tips for Negotiating Your Tenant Improvement Allowance

Posted by Don Catalano on Feb 26, 2018 8:32:00 AM


In the commercial real estate market, there are various financial incentives offered by landlords to entice corporate tenants to their properties. One of the commonest enticements offered is the tenant improvement allowance. This is basically the amount of money a landlord provides directly or indirectly to renovate a space so that it meets the needs of a tenant. This allowance is an important part of the commercial lease negotiation, so it’s important that a corporate tenant knows how to get the most out of it. Here are some helpful tips that can help a tenant get a fair deal:

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Topics: tenant improvement allowance

5 Necessities for Successful Commercial Tenant Improvements

Posted by Don Catalano on Nov 1, 2013 3:38:00 PM

 

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5 Tenant Improvements that Boost Energy Efficiency

Posted by Michael Sweeney on Oct 21, 2013 10:12:00 AM

It's always a smart decision to use the tenant improvement allowance on something that has a tangible impact on your company's bottom line. Whether you're retrofitting an existing space or designing a new one from scratch, including energy efficiency upgrades is a wise way to use a portion of your tenant improvement allowance. These upgrades typically have relatively little cost in a new building project but can actually contribute to a lower occupancy cost over time.

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3 Tenant Improvement Allowance Myths and Why They're Not True

Posted by Don Catalano on Oct 8, 2013 10:12:00 AM

A tenant improvement allowance is a significant expenditure for landlords. Even on smaller spaces, it's not at all uncommon for landlords to cut six or even seven-digit checks. With this in mind, there is a lot that gets said about the value of TI allowances. Unfortunately, much of what gets said isn't true. Here are three myths that come up in the industry and why they aren't true:

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5 Ways to Stretch Your Tenant Improvement Allowance

Posted by Michael Sweeney on Sep 24, 2013 11:08:00 AM

Will your tenant improvement allowance cover all of the costs of the build-out of your dreams? If not, you have two ways to get there. You can spend money out of your own pocket or you can get creative in how you structure your lease and how you use the money that you have available to you. Here are 5 ways to stretch your tenant improvement allowance:

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The Tenant's Guide to Critical Lease Clauses, Part 4 - Tenant Improvement Allowance

Posted by Jordan Slater on Aug 20, 2012 12:33:00 PM

Today we will be discussing the Tenant Improvement Allowance, often seen in leases as "Improvement and Alterations."  If you've missed any of our first three, you can read them here:  Subordination and Attornment, Non-Disturbance, and Rent Escalation.

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Topics: Lease Clauses, tenant improvement allowance