Focus on Buildout Provision When Negotiating for New Space

Focus on Buildout Provision When Negotiating for New Space



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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