Tenant Finish vs Commercial Remodel

When it comes to changing up the look and feel of a building you’ve leased or purchased for your business, there are two terms you may hear.

Commercial Remodel and Tenant Finish are two “remodel/update” options you’ll encounter when considering space for your business. But what’s the difference? What falls under a “tenant finish” and what falls under “commercial remodel”?

Commercial Remodel

With a commercial remodel, an entire building is usually renovated, with the costs paid for by the building’s owner. Commercial remodels are large-scale renovations that often involve structural elements and significant changes to layouts.

Commercial remodels are often performed to improve the function of a space and to make building-wide repairs. These projects may include updates to HVAC or electrical systems as well.

For example, turning a former multi-family complex or hotel into office space would require many structural changes and updates throughout the building, from plumbing and electrical changes and more.

Tenant Finish

Unlike a commercial remodel project that applies to an entire office building, a tenant finish project is specific to one tenant and is usually paid for by the tenant.

Tenant finish projects involve interior design and “finishing” elements of a space like flooring and paint. These projects are designed to help businesses make a space feel like “theirs” with their own branding, colors, and office space or business needs.

For example, a pet store moving into a new-to-them building might need new floors that are durable and able to stand up to human and pet traffic. They might also need specialized lighting and shelving for cages for small live pets like hamsters and gerbils.

If you’re considering either project, we’d love to help! At North Peak we specialize in transforming spaces to work for you and your business! Contact us today.

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