Supply chain and labor shortages are delaying commercial build-out and tenant improvement projects by an average of three months.
Commercial build-out and tenant improvement projects are taking significantly longer due to supply chain and labor shortages. On average, these projects, which are typically six months on average, are now taking three months longer to complete, complicating landlord-tenant agreements on the construction project and commencement of the rent...
RSK: I can attest to this first hand as I am sure many of you can -- everything takes twice as long to get finished.
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- - Volume: 10 - WEEK: 21 Date: 5/17/2022 9:32:40 AM -