Tag Archives: work letter

Pre-lease IssuesTenant Build-out

Overview of Tenant Improvement Strategies

While many lease provisions never come to light for tenants, there is one that all tenants face after the lease is signed: the Tenant Improvement Provision a/k/a “Work Letter”. Given the amount of dollars at stake and its operational significance … Continue reading

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Pre-lease IssuesTenant Build-out

Tenant Improvement Strategies – Turnkey Approach

As the name implies under this approach, the landlord – at its sole cost – is responsible for all elements of construction based upon an agreed to scope of work.   Many tenants are attracted to the simplicity of this approach, … Continue reading

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