Specify That Tenant's Additional TIA Won't Be Abated

In a strong tenants’ market, you might find yourself fighting for good tenants that help the synergy at your center or serve as a destination spot that will draw and keep foot traffic. You may be forced to offer incentives, like a tenant improvement allowance (TIA) that’s bigger than you want to give. If giving a higher TIA than you planned won’t work for you, you can offer the tenant a figure you can live with and then loan it the extra amount that it has requested.

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