Topical Terminology > Build-out
Build-out
For Build-out we have terms and definitions in 2 topics. The topics are Commercial Real Estate and Real Estate.
Build-out (Commercial Real Estate) 
Refers to the construction of the tenantÂ’s proposed space, to make it ready for occupancy, or to comply with tenantÂ’s construction needs according to the terms and conditions of the lease. Also referred to as T.I. (Tenant Improvements)
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Build-out (Real Estate)
Space improvements put in place per the tenant's specifications. Takes into consideration the amount of tenant finish allowance provided for in the lease agreement.
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