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Tenant Improvement

An agreed-upon amount the landlord is willing to pay to renovate or retrofit a space for specific needs.

Methods

Amount

Will only use the inputted amount as the annual amount

Amount/Unit

Will multiply the inputted amount by the inputted Unit (Area), and use that calculated amount as the annual amount Ex: $/SF/year

% Of Market

% Of Market is only allowed in Rent Roll

Typically used for vacant unit lease-ups, % of the market takes the inputted percent and is multiple by the corresponding Market Leasing profile that it is assigned to.