Focus on Buildout Provision When Negotiating for New Space

January 31, 2017
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Many times, office or retail spaces—and especially those that are in brand new office buildings or shopping centers—aren’t built out beyond being so-called “plain vanilla box spaces,” which typically include ceilings, lighting, plumbing, heating and cooling equipment (HVAC), interior walls, electrical outlets, restrooms, and a concrete floor, but not more specialized improvements tailored to the particular tenant. But it’s very often necessary for both types of tenants to improve their space.

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