Upfit
A negotiated sum a landlord is willing to spend to customize space for the needs of a particular tenant; also known as a “tenant finish allowance” or “tenant improvement allowance”.
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A negotiated sum a landlord is willing to spend to customize space for the needs of a particular tenant; also known as a “tenant finish allowance” or “tenant improvement allowance”.
Source: NCREIF | Date: 09 September 2025 | ID: D1544 | Version: 1