Report

Controlling the Construction of Tenant Improvements in Office Leases - A Tenant’s Perspective

 
What drives the decision as to which party is to be responsible for the construction of the tenant improvements? Who will control the schedule, the cost, the quality of design, and the quality of construction? It all comes down to time and money, since the cost of the tenant improvements is paid for by the tenant, either directly, during the course of construction and immediately following completion, or indirectly, throughout the lease term, as a portion of the rent. This article will analyze the factors and strategies that should be weighed by the tenant and its representatives when negotiating whether the landlord or the tenant is to control the construction of the tenant improvements.

Faculty

Richard C. Mallory

Richard C. Mallory

Allen Matkins Leck Gamble Mallory & Natsis LLP

Agenda

Faculty

Richard C. Mallory

Richard C. Mallory

Allen Matkins Leck Gamble Mallory & Natsis LLP

  • Partner resident in the San Francisco and Los Angeles offices of Allen Matkins Leck Gamble Mallory & Natsis LLP
  • Practice emphasizes all aspects of office, industrial and retail leases
  • Frequent local and national speaker and has written articles on the subject of commercial leasing
  • Listed as a leading lawyer in California real estate in Chambers & Partners USA, 1999 to 2016
  • Listed as a Top 100 Northern California attorneys, 2006 and 2009 to 2013
  • Listed in The Best Lawyers in America in the field of real estate law, 1989 to 2016
  • Member, advisory board, Georgetown Law Center's Advanced Commercial Leasing Institute
  • Fellow, American College of Real Estate Lawyers
  • Member, Stanford Real Estate Council

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