Commercial Property Maintenance
Whether you are a new tenant leasing a commercial property or you are the property owner, there are certain distinctions when it comes to commercial properties. Keep reading to learn more about the construction and maintenance that goes into commercial spaces and who is responsible for what.
Tenant improvements, sometimes called leasehold improvements, are upgrades made to a property for the new tenants. Depending on whether the property is intended for a retail, office, or industrial space, it will probably require changes to reflect that business. Prior to starting a new lease, some landlords agree to pay for all or at least a portion of repairs and improvements requested by the new tenants. This is called a tenant improvement allowance, or TIA for short. The landlord may either pay a certain amount per square foot, or it may be a lump sum. Not all landlords offer tenant improvements, but it is a great incentive for prospective tenants and improves the property value for the future.
Oftentimes a tenant will need a whole punch list done for their commercial property. This could include renovations, fire safety, HVAC, creating or tearing down offices, electrical hookups and new outlets, plumbing work, painting, flooring, and much more.
To get a commercial space safe and tailored to a company’s function, improvements are often needed. Usually the tenant is responsible for procuring and overseeing the construction on the property. DI Repairs specializes in quickly completing punch lists and getting spaces ready for new tenants.
Maintenance and Upkeep
To keep up with your property, you’ll want to hire a professional maintenance crew. They can keep things running smoothly by doing preventative maintenance, which includes regular inspections and improvement recommendations. Commercial property owners and tenants already have to deal with a lot, so hiring a professional maintenance team can take a lot of the responsibilities off their plate. Contract maintenance is a great way to handle commercial properties, because consistent maintenance from the same contractor will build good rapport between the tenant and maintenance team.
Compliance & Permitting
Another important aspect of leasing a property is regulating compliance to ensure that your property is permitted, safe, and up to code. At DI Repairs we are experts at navigating the complicated permitting process, ensuring all life compliance is up to code and assisting with any violations.
Whether it’s major tenant improvements or a small repair, contact DI Repairs today for an estimate on your commercial property project.