A TI Allowance is a huge selling point for both tenants and commercial property landlords. The landlord is looking to attract a desirable tenant with a sweet deal to renovate the space to accommodate their specific wants or needs. The tenant is looking for a space that won't require much out of pocket expenses to [...]
Tenant improvement projects used to be pretty cut and dry. Specifically, office tenant improvements. Make some aesthetic improvements to the reception area, maybe spruce up the break room, add some storage space, build-out some private offices for the bosses, make an accommodating conference room, and insert rows and rows of cubicles for workers. Today, there [...]
For many, the place they work is basically a second home. Many people with office jobs spend anywhere from 8 to 11 hours a day at work. That might even be more than the hours spent awake at their actual home. This is why it's so important for companies to create a work environment that [...]
Both landlords and tenants want to get the most from their TI allowance spend. Smart building features are one way to do that. The landlord gets an energy efficient building with lower utility costs and added value. The tenant gets a modern space with the high-speed Internet and lighting and temperature control amenities millennial job [...]
The good news is business is booming. The bad news is this accelerated growth has you running out of space. Is it better to expand your current location with commercial tenant improvements or pick up and move to a larger space? Here we weigh the benefits of each. Benefits of Commercial Tenant Improvements 1. IMPROVEMENTS [...]
Having trouble understanding commercial real estate interior improvements? You're not alone. A lot of factors impact how much you'll get from a landlord and the best way to move forward. Here are 5 things to know about tenant improvement allowances. Interior improvements for commercial real estate properties can be complicated. Especially office tenant improvements. Many [...]
John Scatoloni of Encon Commercial Real Estate service recently recommended the 80-20 Rule for Tenant Improvements. Learn how this approach can help you avoid costly buildouts and the TI allowance traps far too common in office space leases. Tenant improvement allowance is an often overlooked part of leasing an office space. If a build-out is [...]
Most commercial contractors would agree that the current office construction/remodeling market is dominated by the “creative office.” What’s “in” right now is the adaptive reuse office remodeling. Repurposing older buildings full of architectural charm and character. The conversion of older buildings into creative office space is being seen throughout the Southern California region. Some Los [...]
Office remodeling and build-outs are ideal for any company that needs to transform an uninspiring work environment into a workspace that motivates and stimulates office personnel... There's nothing worse than a boring and uninspiring office space. This is why office build-outs and remodels are becoming increasingly necessary today. As tenant improvement general contractors in Ventura, [...]
Office spaces today are ripe for reinvention. Let's take a look at some alternative office design strategies being praised for creating not just happier workers but better occupancy rates for office building owners. Office design in 2016 is all about bringing workers together. Today's most successful workspaces promote a collaborative work environment. Employees should have [...]
