Above Building Standard
What is Above Building Standard?
Additional work, upgrades and redesign that a property owner or real estate developer provides for incoming tenants — in excess of the standard space or shell — are considered above building standard.
Such upgrades are usually to serve the special needs of the tenant. With newly constructed properties, this may be part of or in excess of the allowance over the building shell.
For example, a dentist’s office may need additional plumbing and electricity for the necessary equipment. Similarly, a high-tech or web commerce company may require high-end Internet connections.
For more information, see also the following entries:
- :Allowance Over Building Shell:
- :Commercial Real Estate:
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eveloper: - :Landlord:
- :Lease:
- :Real Estate:
- :Shell Space: