Word-of-the-Month: Build-out
Build-out
A construction build-out, within a commercial building, transforms existing space into operational environments (usually for retail, office, and restaurant businesses).
Build-outs are also known as tenant improvements.
Fun Fact
The Minneapolis market has recently completed 344,244-square-feet of office build-out construction, according to JLL’s 2021 Q1 Outlooks.
