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what is tenant improvement allowance

Everything You Need to Know about Tenant Improvement Allowances (TIA)

Everything You Need to Know about Tenant Improvement Allowances (TIA)

If you have ever started a search for commercial real estate, you likely know that it is almost guaranteed your new space will require some form of build-out. Although looming construction costs can be intimidating, tenants have the option to push for a tenant improvement allowance in order to help mitigate the costs associated with a build-out.