AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Building office inside warehouse4/24/2024 Young professionals love loft-style offices. Here are six ways office tenants can build out the space they desire without going over time and budget. Identifying these challenges upfront can help prevent a new office from becoming a burden. When looking to move into a raw space like a warehouse, tenants must be prepared, from a budget and time perspective, for the amount of work the build-out requires. “If you are used to a traditional leasing process where you move in and are provided a lot of landlord-provided accommodations, in the West Loop you will likely have more upfront costs for what you would otherwise be provided.” “They are going to have a lot more upfront mechanical, engineering and plumbing costs, buildings might not be set up to accommodate the businesses that the tenant wants to use the building for,” Bukowski said. For office tenants accustomed to the Class-A, turnkey experience of leasing space in Chicago’s central business district, the process of an interior build-out in the West Loop could come as a shock, Skender Project Executive Brian Bukowski said. Recently, the West Loop has also become an attractive destination for large companies like Google and Sara Lee, as well as small startups and artists.īut the raw, brick exteriors and loft-like floor plans companies flock to come with their own set of challenges. Over the past 20 years, the neighborhood’s low-rise warehouses have become the home of trendy restaurants and a mecca for nightlife in the Windy City. Once a collection of warehouses and storage facilities just outside of Chicago’s Downtown Loop neighborhood, the West Loop has undergone a real estate transformation comparable to New York City’s Meatpacking District.
0 Comments
Read More
Leave a Reply. |