Negotiating the Tenant Improvement Allowance
October 4, 2012
1 Comment
by Coy Davidson, Contributing Columnist Get as much as you can, and maintain control of the build-out process A key component of any lease
Category: Leasing & Transaction Strategy
The space may look right before anyone has tested what it will take to occupy it. A lease date, work letter, allowance, or landlord obligation can set the project’s cost and schedule before design begins.
These articles examine real estate decisions from the owner’s and tenant’s side: site selection, lease terms, responsibility for work, relocation planning, and the commitments that carry into construction and operation.
Before You Negotiate Directly With the Landlord, Know What You’re Giving Up
September 11, 2012
1 Comment
The landlord negotiates leases as part of the business. Most tenants do it only occasionally. That difference in information and experience can affect the deal.
Your New Space Isn’t Ready. What Happens to the Old Lease?
July 31, 2012
3 Comments
When a relocation schedule extends beyond the existing lease expiration, a project delay can create significant lease exposure. Originally published July 2012. Updated October 2026
Before You Lease Medical Office Space, Test the Fit-Out
July 26, 2012
6 Comments
The space may look perfect for a medical practice. That doesn’t mean the building can support what you intend to put inside it. Originally published
Your Lease Expires in Two Years. Are You Already Late?
July 24, 2012
3 Comments
The expiration date may be years away. The decisions that determine whether you have real options start much earlier. Originally published July 2012. Updated October
How Much Office Space Are You Actually Paying For?
July 19, 2012
1 Comment
The rentable square footage in a lease is not necessarily the area you can walk through. Before comparing rents, understand what the measurement includes. Originally
What Have You Done For Your Tenants Today?
July 12, 2012
No Comments
Publisher’s note: Many tenants just don’t feel the love from their landlord. They are sometimes treated as if the landlord is doing a favor by
Does the Workplace Concept Fit the Work?
July 10, 2012
1 Comment
Open office, private offices, assigned seats or shared spaces are design responses. The owner first needs to define what people actually need the workplace to
He Smells, She Talks Too Loud – Woes of the New Office Seating Chart
June 12, 2012
1 Comment
The seating chart may look like an administrative detail. On a relocation or workplace project, it can become one of the most personal—and disruptive—decisions the
When Should an Owner’s Rep Get Involved? Before the Project Starts.
May 22, 2012
4 Comments
Some of the most consequential project decisions are made before anyone thinks the project has started. Originally published May 2012. Updated October 2026. A project
Should You Manage the Capital Project Internally?
March 20, 2012
7 Comments
The question isn’t whether someone on staff can manage the project. It’s whether the organization has the right capability—and capacity—to do it. Originally published March
Hoteling and Hot Desking Solutions for Offices with Limited Space
January 26, 2012
6 Comments
Shared workspaces can reduce the need for dedicated desks, but only if the workplace supports how people actually use them. Originally published January 26, 2012.
Ask Employees How the Work Happens
December 13, 2011
5 Comments
Employees can expose operational requirements a project team may never see. The challenge is getting useful input without turning workplace planning into a vote. Originally
Choosing a Commercial Real Estate Law Firm
October 13, 2011
No Comments
Consider that you wouldn’t purchase a commercial property before thoroughly researching it, your search for commercial real estate law firm should be one of careful
What Does an Owner’s Rep Actually Do?
October 11, 2011
No Comments
The architect designs. The contractor builds. The broker handles the transaction. Who is looking across the project for the owner? Originally published October 2011. Updated