There is a new option for tenant buildout that has the potential to change the commercial real estate industry, one office space at a time.
Did you know that the sheetrock drywall we use today was invented in 1917? It is time to draw your attention to an award-winning company that is providing an innovative alternative to conventional construction of interior spaces: DIRTT.
DIRTT systems are highly-durable modular walls and millwork that allows tenants to create custom layouts for the interior of their space. The wall panels are manufactured, delivered to the space, and installed by attaching the framework to the existing ceiling grid.
The terms ‘prefabricated’ and ‘manufactured’ do not have the best reputation in real estate because of their association with flimsy and cookie-cutter homes. Designed with cutting-edge software, customized by the end user, and installed by professionals, the DIRTT system is anything but low-quality or boring. And the implications of the DIRTT systems go well beyond office spaces. This product can also provide interior solutions for retail stores, schools, hospitals, and more.
Here is a quick video that demonstrates the process and flexibility:
These wall panels are customizable providing the perfect combination of fashion and function for your business needs:
- Choose the styles and finishes of the wall panels, for example wood, marker board, or custom decals
- Technology can be added into a wall simply by removing wall tiles as opposed to cutting into drywall
- Modifications can be made easily by switching wall tiles, adding technology, or relocating entire walls or doors
Would you pay for construction materials and labor for the interior walls and doors in your Landlord’s building? It may sound counter-intuitive but most tenants do when they need a specific layout different than what exists in the building. Even if a tenant doesn’t pay an upfront tenant improvement fee, they often pay it over time in the form of a TI amortization added on top of the rent.
If you are going to pay for your interior layout, why not have the option of taking it with you when you move? DIRTT has flexible options for purchasing, leasing or financing DIRTT interior systems that are available for landlords or tenants. This gives tenants control of their own customizations and the ability to take the system to other buildings in the future. Tenant buildout is an expense of leasing space, but purchasing a DIRTT system is an investment.
Finally we have a commercial real estate innovation that empowers the tenant. No more settling for locations that are less than ideal in order to have the interior layout you need. No more frustrating negotiations on what buildout the Landlord will provide. No more expensive renovations and downtime whenever your layout needs to change. No more paying for walls that belong to the landlord.
For more about DIRTT, you can visit their website at www.DIRTT.net
About Stephanie Gilbert – Stephanie has been working in commercial real estate since 2003. Although she has done a variety of deals, her focus and passion, when it comes to commercial real estate, is leasing and selling office space, primarily in the Pensacola, Florida area. If you would like to contact her, you can call her at 850-434-7500, or email her at [email protected] You can follow her on Twitter at @.
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