Tenant Improvements

Tenant Improvements (TIs) refer to the modifications or enhancements made to a rental space to tailor it to the specific needs of a tenant, such as a business or organization. These improvements can include changes to the layout, installation of new lighting, flooring, or fixtures, and alterations to meet safety and accessibility standards. Typically, the landlord may cover some or all of the costs, depending on the lease agreement. TIs help create a functional and appealing environment for tenants, ultimately benefiting both parties by enhancing the property's value and tenant satisfaction.