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Don’t Overthink—and Overdo—TIs
Landlords eyeing a renovation of their building need a clear understanding of their future tenant to avoid overthinking—and overpaying for—tenant improvements.
During a panel discussion on U.S. value-added strategies, professionals from Taconic Investment Partners, TIAA, and RSM agree that landlords, investors, and managers need to know their prospective tenant when planning a repositioning of a property—and that they shouldn’t overthink the process.