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 RollTypically 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.