A Tenant Improvement Allowance declared by any building is, on its face, irrelevant unless it is viewed in relationship to the present conditions of the building, and the need you have for construction.The Tenant Improvement Allowance form must contain the value of the existing conditions in one column and the value of the TIA in the other.Most landlords have this information completed as part of their proforma and your architect can easily complete it. This being done for each building you are considering will smoke out the real dollar amount you will have available.
The configuration of the building and the floor plan may have a considerable impact on the efficiency of your office design. Items of consideration include the depth of space from the interior corridor (or core) to the outside wall. Shorter distances provide less flexibility in designing exterior offices and interior uses simultaneously. Whereas with greater distances, the office design can accommodate exterior offices, interior offices with a sizable work area in between. These larger distances work well for most larger office users that can double stack offices and work area. Some older buildings were built in shapes that conformed to given land sizes and the developer spent more time thinking about how to get the project off the ground and less on how the space would lay for tenants. Because of this lack of concentration, some buildings are handicapped with very narrow width dimensions between the core and the windows. This has a considerably negative impact to larger tenants who find they must lease more space than anticipated simply to have all their required improvements.
