United States

Don't overthink and overpay for tenant improvements


Landlords eyeing a renovation of their building need a clear understanding of their future tenant to avoid overthinking—and overpaying for—tenant improvements (TIs).

Experts from Taconic Investment Partners, TIAA and RSM discuss why landlords, investors and managers need to know their prospective tenant when planning a repositioning of a property — and why it’s critical not to “overthink” the process.

The experts talk about how changing user and tenant preferences are driving repositioning projects today and also why repositioning or value-adding projects shouldn’t just be about new tenants. Landlords should consider transforming existing assets to retain existing tenants, which are often looking for improved amenities to attract and retain workforce talent in their own businesses.

additional insights

Government real estate: Unlocking the value of a strategic asset

A portfolio management strategy can unlock the value of government real estate holdings, providing growth focus, analytics and more.

Sourcing and underwriting successful real estate deals

In this video series leading professionals discuss how sourcing and underwriting real estate deals has changed in the wake of the crisis.

Plan the JV divorce upfront and early

The most successful joint ventures plan their divorce early, according to a panel on real estate transformation and value-added investing.

The WeWork phenomenon of shorter CRE leases

The traditional, 10-year commercial real estate (CRE) lease could be a thing of the past, as the industry undergoes a WeWork phenomenon.

Receive Real Estate Insights by Email

Follow the intricacies of real estate deals.