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References in periodicals archive ?
310, $75,000 for tenant improvement: Improvements to kitchen, infill half of double door and new finishes in kitchen area.
The solution to these problems is a special new loan to landlords that rentalizes the amount of tenant improvements to cover an entire project budget.
Assumptions Tenant Size-Rentable Square 10,000 Lease Term 7 years Rental Rate per RSF Base $28.00 Recoveries $21.00 Renewal New Tenant Improvements per RSF $25.00 $65.00 Leasing Commissions per RSF $.60 $1.88 Other Concessions per RSF $- $- Renewal $570,833 Lost Rent $0 Construction Time $0 * Free Rent $285,833 Tenant Improvements $250,000 * Leasing Commissons $35,000 Note: Table made from pie chart.
Colonial Vista, 601 Okanogan Ave., Wenachee; $50,000 for interior tenant improvements. Permit issued Jan.
Bakerview Road Suite 116, $60,000 for tenant improvement: new church in retail center.
A source in the CBRE research department played down the significance of the rise last month in tenant improvement and free rent levels, saying it was mostly driven by one major deal Downtown that was signed in February which had a large free rent and tenant improvement component.
Accordingly, it appears that landlords may have a choice when it comes to recovering the undepreciated cost of their tenant improvements that do not constitute structural components.
6 Bellis Fair Parkway, $1.25 million for tenant improvement: new restaurant tenant; includes new storefront: Buffalo Wild Wings.
Miller; Tenant improvements for new yogurt shop valued at $10,000.
Suite 101, $45,000 for tenant improvements: install two ADA restrooms and a coffee shop within art gallery space: Blue Horse Gallery.
IREM's Position: We support efforts to measure more accurately the depreciable life of buildings and conform amortization periods of tenant improvements more closely to the term of the lease.
This change may affect lease negotiations by further decreasing the desire of tenants to take payments from landlords for tenant improvements instead of rent abatements.