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Commercial Real Estate Floor Plans

This post originally appeared on Capital Retail Blog and is republished with permission. Find out how to syndicate your content with theBrokerList.

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    Many commercial property owners do not have current floor plans of the spaces within their building. We recommend commercial owners hire a contractor to visit their vacant spaces, take measurements, and create a floor plan. When leasing out a commercial space to a new tenant, utilizing a floor plan is an effective way to show the layout of a space.  Floor plans ultimately help potential tenants make the decision to lease more quickly and is a marketing tool we use often when leasing spaces. Floor plans should include the interior of the space along with labeling, dimensions, and square footage calculations. We also share our floor plans with the landlord’s attorney who creates the commercial lease. Adding the floor plan as an exhibit to the lease memorializes and documents the size and layout upon lease execution. The floor plan exhibit is also an excellent way to assess any changes made to the space at the end of a lease.  Various stakeholders such as the local fire department, insurance providers, permitting and licensing office, and security companies have at one time or another requested floor plans from tenants or us directly as representatives the property owners. Having floor plans helps tenants, architects, and contractors plan and visualize the layout of the interior ultimately saving time for everyone involved. Having a good floor plan specialist like DC Floor Plans should be in the contact list of  every property manager, broker and property owner.

    Apr 14, 2019Robert Tack
    8 months ago Best PracticesWashington DC144
    Robert Tack
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