Tenant Improvement

We work extensively with Property Managers, Commercial building owners and Commercial Tenants to meet their mutual needs. This is an area of expertise in the Kansas City metro that we believe we are second to none. We have worked with a wide range of clients having a huge range of needs and requirements. We're familiar with the process of getting a building ready for tenants "white box quality" as well as meeting the needs of the customer and their particular business. If you're getting ready to lease a space let us help you with budgeting. We are experts in this area and have 100's of client references including some of the premier businesses in Kansas City. Find out why.

Tenant Improvement sometimes called tenant finish is typically interior (although it can include exterior) remodeling of a commercial space which is owned by one person or group (the landlord) and occupied (rented or leased) by a different person or group (the tenant). There are a multitude of tenant / owner relationships and business arrangements.

Prior to contract agreement between owners and tenants, all facets of the business arrangement are negotiable. It is possible for the owner to pay for some or all of the tenant improvement as part of an incentive package to entice the new tenant or to assist the tenant in a business relationship. It is common for the owner of a space to provide a "build out" allowance for the space to assist in putting the space in good condition. Conditions which improve the overall value of the property can usually be negotiated.

In the Tenant Improvement/Tenant Finish business, owners have a resource which is available ( a leasable space). The condition, location and business climate of the asset typically indicates the value of the space. Common terms used for a move in ready condition is "White Box". A "White Box" is a leasable space with four walls, a finished floor, finished ceiling, lighting, entrance and exit doors per code requirements and depending on the space one or more bathrooms or access to bathrooms which meet code requirements. This is typically a "no frills" space which can be easily converted to a space suitable for many different potential customers (tenants). Having versatility in the leasing business provides the owner a better change of finding a tenant who might be interested in the space. House and Renner works with owners to provide white box conditions throughout the Kansas City area.

Many Healthcare Tenant Improvement projects including Dental Suites like the one shown here are located in traditional strip centers. These medical tenant finish projects tend to be longer lasting than food service or novelty shops. This is an asset to both the tenant and the landlord. Tenant Improvement projects can be design build, architect lead or some times the owner/landlord has available contractor resources. It is important for each party to understand that the best thing for both the tenant and the landlord is a successful business. With a successful business, the tenant becomes a long lasting part of the community, drawing additional patrons to the area who will ultimately contribute to the success of the existing and future business ventures in the area. It is this vision that we focus on to try to gain happy customers. The best thing we can is a referral from one happy customer so we go the extra mile to provide service beyond the value of the construction materials and labor. Our tenant improvement projects focus on results which will benefit the customer in their attempt to get a business open quickly and generating revenue. That is what makes our customers happy.