In the case of build-outs of new commercial space, also known as tenant build-outs. The quality, extent and cost of a build-out are all part of negotiating with the landlord in the case of rented space, it’s important to consider a number of important issues.
Establish how much the landlord will pay, particularly when the improvements increase the property value or bring the space up to code and negotiate favorable terms.
Don’t over-build. Keep your build-out within your budget, keeping in mind that, when you move, you will leave your improvements behind.
Don’t under-build, particularly when you are committing to a multi-year lease, to ensure that your build-out is appropriate for the time you will be there.
Make sure that your leasehold improvements are acceptable to your landlord before you sign the lease and better yet, they should be enumerated in your lease.
Discuss your plans with local building inspectors to ensure that they comply with codes and zoning restrictions. (Naturally, Sentinel General Contracting can do this for you.)
