Flexibility is key. Tenants should ensure that plans for design of their new space will accommodate the company's growth or necessary cutbacks. Make sure subleasing is an option.
Budget enough time for the design and construction of the new space. Review architects' and builders' plans carefully. Make changes early — before nails are pounded into walls. Paying contractors overtime can inflate a budget dramatically.
Review all details of the build-out. Demand pricing for all items — even the light switches. A fancy light switch in every office and conference room can increase the electrical budget by 20 percent.
Reader CommentsDisplaying 3 of 3
Gerard Crum
Dec 6, 2006 4:21 PM ET
Accounting Firms Specialization
As a real estate advisor I would recommend requesting information from an accounting firm that has a practice … more
Jerry Lepochenske
Feb 23, 2006 2:48 PM ET
130 categories
DOES THIS LIST EXIST. I WENT TO THE IRS CODE AND IT WAS NOT EVERY SPECIFIC. I MIGHT BE LOOKING IN THE WRONG PLACE. SO … more
Richard Stebbins
Feb 20, 2006 10:57 AM ET
List of 130 categories
Does the author have the list of 130 categories of property that qualify for depreciation over a shorter recovery … more
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