Despite Recession TI Work Thrives
While the size of projects may have scaled down, tenant improvements are on the rise as owners reconfigure existing space and utilize capital for new acquisitions. In order to maximize the return on investment (ROI), renovations and fit-outs will need to be carefully planned and expedited for new leasing. Below Tocci has outlined in three steps what is needed to do this on TI projects in 2009.
Understand Existing Conditions
Plan and procure