The Dirt Dictionary: ‘T’ is for Tenant Improvement Allowance

Yes, you know this, but this column is a dictionary (of sorts), so let’s define a TIA—tenant improvement allowance—as the amount of money a landlord will give toward preparing a space for occupancy and delve into it. Typically, a TIA is stated either as a per-square-foot amount or a fixed sum. Any … [Read more...]