tenant improvements


Also found in: Acronyms.

tenant improvements

Improvements to leased space for the benefit of a nonresidential tenant.

References in periodicals archive ?
IIP's total investment in that property after assuming full reimbursement for tenant improvements, will be USD25.0m.
Louisville Metro Government is accepting sealed bids from qualified firms to furnish Tenant Improvements for the Craftsman Training Program at the Kentucky Center for African American Heritage ReBid.
(14th and 15th floor), $150,000 for commercial tenant improvement: remodel of old restaurant space into seven office suites.
Problem one is that while consolidating is a good idea, using budget dollars for tenant improvements is difficult in and of itself.
I did a quick calculation using the formula and basically determined that even with using half of the base rent, recoveries and tenant improvements, the result is essentially the same in that the total cost of a new deal versus the renewal is almost three times more expensive.
Wenatchee Ave., Wenatchee; cost not listed for interior tenant improvements, adding a few walls and a door.
Bakerview Road Suite 110, $30,000 for tenant improvement: convert existing shell space to common storage area for shopping center tenants: Madrona Bay LLC.
The free rent levels are the highest of any of the three Manhattan markets since the leasing market began to weaken in mid-2008 and the tenant improvement figure matches the previous high from last year, CBRE data shows.
Accordingly, under the proposed regulations, the cost of tenant improvements, if considered to be structural components of the building, would continue to be recovered over the scheduled period even if demolished.
Skanska AB (STO:SKAB) announced on Friday the signing of a contract with Juno Therapeutics Inc to complete a tenant improvement at the company's new South Lake Union headquarters in Seattle, US.
2200 Rimland Drive 104, $10,000 for tenant improvement: reconfigure existing office suite.
To make both transactions possible, separate loans of $45 million and $17.9 million, respectively, funded the tenant improvement budgets.