Commercial Property Renovations
Commercial property renovations can vary from minor redesigns for the building’s interior to major changes for the exterior (and sometimes both exterior and interior) of the structure. Even a small property renovation can be a major project. It is important to have an idea of the entire renovation process before diving into the project. Renovation Logistics The first step in a commercial property renovation is to recognize why a building needs to be renovated. Some common reasons include: - New tenant - New build-out - Updating the space (carpet, paint, etc.) - Amenity upgrades and energy efficiency At this step, the building owner and sometimes a tenant are the only parties involved. It is critical to look at the zoning laws, certificate of occupancy, the state of the property,…