What Is A Tenant Improvement Allowance?

By Jeff Rohde | October 26, 2018
broker hand holding out key to turnkey office space

A tenant improvement allowance is a clause in a commercial lease, in which the landlord agrees to compensate the tenant – or directly pay for – all or part of the cost to improve or build out the tenant’s space. Other terms for a tenant improvement allowance are TIs, TAs, TIA, TI allowance, or leasehold…

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