We have numerous clients who frequently request assistance with planning and budgeting services for tenant improvements and alterations. The budget provided is used to calculate the lease rate with their tenants and therefore is a critical step in the overall planning process of tenant leasehold improvements and alterations. As part of the construction process we work in conjunction with both the tenant and owner. By involving both parties in the project, any concerns can be addressed early.
Our goal is to ensure both parties are kept in the loop and satisfied with the overall schedule, budget and progress of the project. Most tenant improvement projects involve a tight schedule and the ability to meet the tenants required conditions while keeping costs to a minimum.
Typically there is not a lot of information to work with; however, based on our portfolio of successful tenant improvement projects, we are able to provide budgets accurately with limited information.
This also allows Ram to accommodate any tenant specific requests such as power connection, structural support for tenant signage and any other custom requirements. This also assists to identify areas which may be a cause for concern and to mitigate any foreseeable issues.
Once the budget has been negotiated and approved between both parties, we then proceed with completing the tenant improvement for the leased space using the pre-established budget, drawings and construction schedule.