Whether your company is looking for office space in a newly constructed development or a previously occupied space in an older building, the building owner will likely offer a tenant improvement allowance. A TI allowance is a dollar amount the landlord offers to cover the cost of any customizations you want done to the space. [...]
Customizing a space you'd like to rent or lease to better suit your needs is called a tenant improvement. To defray the cost of this customization or buildout, a landlord will often offer a tenant improvement allowance. This is a sum of money, sometimes referred to as a TI allowance or a TIA, that's put [...]
Disclaimer: This is a monthly summary of Los Angeles commercial construction news curated by H.W. Holmes, Inc. We will cover recent commercial construction projects and news pertaining to Los Angeles, Ventura, and Santa Barbara counties. We have no association with any of these developments unless specifically stated. CONSTRUCTION BEGINS FOR MIXED USE CULVER CITY DEVELOPMENT [...]
As we near the end of another year, we thought it would be interesting to talk about some trends we've seen as California tenant improvement contractors in 2017. Lucky for us, it's been a great year for commercial renovations, which happen to be our specialty. But what kind of trends are we seeing overall in [...]
Disclaimer: This is a monthly summary of Los Angeles commercial construction news curated by H.W. Holmes, Inc. We will cover recent commercial construction projects and news pertaining to Los Angeles, Ventura, and Santa Barbara counties. We have no association with any of these developments unless specifically stated. WESTERN PACIFIC BUILDING IN DOWNTOWN L.A. BEING CONVERTED [...]
Millennials are reshaping modern workplaces. In fact, they've ushered in a boom for tenant improvement projects in the Los Angeles area. Modern office spaces are opening up. They're resembling co-work spaces or coffee shops more than yesterday's traditional office. Big desks and row after row of filing cabinets are gone. Replaced by communal work bars, [...]
Disclaimer: This is a monthly summary of Los Angeles commercial construction news curated by H.W. Holmes, Inc. We will cover recent commercial construction projects and news pertaining to Los Angeles, Ventura, and Santa Barbara counties. We have no association with any of these developments unless specifically stated. FORMER ASIAN MARKET ON SUNSET BOULEVARD SET TO [...]
Disclaimer: H.W. Holmes, Inc. curates this monthly summary of commercial construction and development news in and around Los Angeles, Ventura, and Santa Barbara, CA. We have no association with any of these developments unless specifically stated. Sunset Strip House of Blues Demolished After 21 years of business, the Sunset Strip's House of Blues hosted its [...]
Disclaimer: H.W. Holmes, Inc. curates this monthly summary of commercial construction and development news in and around Los Angeles, Ventura, and Santa Barbara, CA. We have no association with any of these developments unless specifically stated. Construction Begins on North Hollywood Mixed-Use Development Construction has officially begun on NoHo West - the redevelopment of North [...]
Mistakes happen but making a mistake during lease & tenant improvement negotiations can be costly for any small to medium-sized business. This YouTube video looks at five common yet preventable mistakes to watch for when looking for a new commercial space, negotiating or renewing a lease, or agreeing to a tenant improvement allowance. There's an [...]
