What are tenant improvements (TI)?

Category: Commercial Real Estate

Tenant Improvements (often called “TI”) are modifications made to commercial space so it better meets a tenant’s operational needs. Examples may include offices, flooring, lighting, partitions, paint, cabinetry, or other interior improvements.

Depending on the lease agreement, the landlord, tenant, or both may contribute toward these improvements. Understanding who is responsible for the work and associated costs is an important part of lease negotiations.

If you’re considering leasing commercial space, I’d be happy to discuss how tenant improvements are commonly addressed during the leasing process.