Knowing all of the cost to be expected in creating a new home for you business is vital if your business is to succeed.
The number one question asked in leasing commercial properties beyond the rental rate is what will be the cost of the tenant improvements to customize the space for your business.
Unfortunately, there is a lot of misconception and bad information regarding this subject; leasing agents, architects and such will often speak of a cost per square foot – a number that is based on averages, different projects, and for the most part is probably outdated and not applicable to your specific situation. Not a sound basis for entering into a 5 or 10 year commitment on a lease.
There are no two commercial tenant fit out projects that are the same, whether it is a franchise build out or a custom entrepreneurial project – there will be site and client specific issues that may drastically affect the cost of construction. Therefore square foot numbers are merely a guide and hardly reliable to identify these cost prior to entering into a lease.
In order to have the best information available when making a commercial real estate leasing decision is to work with a design/build commercial contractor with the experience and knowledge to quickly evaluate a space, incorporate your ideas and visions into a design and provide solid cost information that you can literally “take to the bank”. Experienced Design/build Contractors will have the resources required to quickly provide you with the information you need to make a solid decision in a few days, not weeks.
Northstar Commercial Construction has been providing this service to our customers for over 20 years. We have the experience and knowledge to quickly evaluate a space, identify the requirements, and provide a project cost for you, in writing of course, in just a few days. Please contact us for you no cost, no obligation evaluation of you Maryland tenant space.