{"id":3000023126,"date":"2020-11-06T12:34:43","date_gmt":"2020-11-06T17:34:43","guid":{"rendered":"https:\/\/www.wework.com\/ideas\/?p=3000023126"},"modified":"2021-09-08T14:07:23","modified_gmt":"2021-09-08T18:07:23","slug":"commercial-real-estate-build-out-costs","status":"publish","type":"post","link":"https:\/\/www.wework.com\/ideas\/professional-development\/business-solutions\/commercial-real-estate-build-out-costs","title":{"rendered":"The costs of commercial construction build-outs"},"content":{"rendered":"\n<p>The cost of <a href=\"https:\/\/www.wework.com\/ideas\/office-design-space\/commercial-real-estate-lease-types\">leasing office space<\/a> is more than just your monthly rent: You also have to consider build-out costs. In a brand-new building, space may be as basic as four walls and a concrete floor, leaving tenants to configure the rest of the space to their specifications. Doing the construction required to turn a building shell into a working office environment can come with a high cost\u2014and it&#8217;s something you have to consider carefully when you&#8217;re looking for the <a href=\"https:\/\/www.wework.com\/ideas\/office-design-space\/find-commercial-office-space\">right commercial property<\/a> for your business.<\/p>\n\n\n<div data-block_6138fbb6e56e8 class=\"toc align toc-block\">\r\n      <div class=\"toc-block__heading\">in this story<\/div>\r\n  \r\n      <ul class=\"toc-block__list\">\r\n          <li class=\"toc-block__list-item\">\r\n        <a href=\"#how-are-build-out-costs-calculated\" class=\"toc-block__link\">\r\n          How are build-out costs calculated?\r\n          <span class=\"toc-block__icon\">\r\n            <?xml version=\"1.0\" encoding=\"UTF-8\"?>\r\n<svg width=\"16px\" height=\"16px\" viewBox=\"0 0 16 16\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\">\r\n    <title>FD8B74A2-3372-42BA-99CD-BCC6C3C6EA13@1x<\/title>\r\n    <defs>\r\n        <filter id=\"filter-1\">\r\n            <feColorMatrix in=\"SourceGraphic\" type=\"matrix\" values=\"0 0 0 0 0.000000 0 0 0 0 0.000000 0 0 0 0 0.000000 0 0 0 1.000000 0\"><\/feColorMatrix>\r\n        <\/filter>\r\n    <\/defs>\r\n    <g id=\"Iconography\" stroke=\"none\" stroke-width=\"1\" fill=\"none\" fill-rule=\"evenodd\">\r\n        <g id=\"icon\/arrow-down\/outline\/16\">\r\n            <rect id=\"Bounding-box\" x=\"0\" y=\"0\" width=\"16\" height=\"16\"><\/rect>\r\n            <g filter=\"url(#filter-1)\" id=\"Icon\">\r\n                <g transform=\"translate(7.500000, 8.000000) scale(-1, -1) rotate(-90.000000) translate(-7.500000, -8.000000) translate(0.000000, 1.500000)\">\r\n                    <polygon id=\"Path\" fill=\"#000000\" fill-rule=\"nonzero\" points=\"8.75 0.792893219 14.4571068 6.5 8.75 12.2071068 8.04289322 11.5 12.542 6.99989322 0.5 7 0.5 6 12.542 5.99989322 8.04289322 1.5\"><\/polygon>\r\n                <\/g>\r\n            <\/g>\r\n        <\/g>\r\n    <\/g>\r\n<\/svg>          <\/span>\r\n        <\/a>\r\n      <\/li>\r\n          <li class=\"toc-block__list-item\">\r\n        <a href=\"#estimated-construction-costs-for-corporate-interior-build-outs\" class=\"toc-block__link\">\r\n          Estimated construction costs for corporate interior build-outs\r\n          <span class=\"toc-block__icon\">\r\n            <?xml version=\"1.0\" encoding=\"UTF-8\"?>\r\n<svg width=\"16px\" height=\"16px\" viewBox=\"0 0 16 16\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\">\r\n    <title>FD8B74A2-3372-42BA-99CD-BCC6C3C6EA13@1x<\/title>\r\n    <defs>\r\n        <filter id=\"filter-1\">\r\n            <feColorMatrix in=\"SourceGraphic\" type=\"matrix\" values=\"0 0 0 0 0.000000 0 0 0 0 0.000000 0 0 0 0 0.000000 0 0 0 1.000000 0\"><\/feColorMatrix>\r\n        <\/filter>\r\n    <\/defs>\r\n    <g id=\"Iconography\" stroke=\"none\" stroke-width=\"1\" fill=\"none\" fill-rule=\"evenodd\">\r\n        <g id=\"icon\/arrow-down\/outline\/16\">\r\n            <rect id=\"Bounding-box\" x=\"0\" y=\"0\" width=\"16\" height=\"16\"><\/rect>\r\n            <g filter=\"url(#filter-1)\" id=\"Icon\">\r\n                <g transform=\"translate(7.500000, 8.000000) scale(-1, -1) rotate(-90.000000) translate(-7.500000, -8.000000) translate(0.000000, 1.500000)\">\r\n                    <polygon id=\"Path\" fill=\"#000000\" fill-rule=\"nonzero\" points=\"8.75 0.792893219 14.4571068 6.5 8.75 12.2071068 8.04289322 11.5 12.542 6.99989322 0.5 7 0.5 6 12.542 5.99989322 8.04289322 1.5\"><\/polygon>\r\n                <\/g>\r\n            <\/g>\r\n        <\/g>\r\n    <\/g>\r\n<\/svg>          <\/span>\r\n        <\/a>\r\n      <\/li>\r\n          <li class=\"toc-block__list-item\">\r\n        <a href=\"#hard-costs-vs-soft-costs\" class=\"toc-block__link\">\r\n          Hard costs vs. soft costs\r\n          <span class=\"toc-block__icon\">\r\n            <?xml version=\"1.0\" encoding=\"UTF-8\"?>\r\n<svg width=\"16px\" height=\"16px\" viewBox=\"0 0 16 16\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\">\r\n    <title>FD8B74A2-3372-42BA-99CD-BCC6C3C6EA13@1x<\/title>\r\n    <defs>\r\n        <filter id=\"filter-1\">\r\n            <feColorMatrix in=\"SourceGraphic\" type=\"matrix\" values=\"0 0 0 0 0.000000 0 0 0 0 0.000000 0 0 0 0 0.000000 0 0 0 1.000000 0\"><\/feColorMatrix>\r\n        <\/filter>\r\n    <\/defs>\r\n    <g id=\"Iconography\" stroke=\"none\" stroke-width=\"1\" fill=\"none\" fill-rule=\"evenodd\">\r\n        <g id=\"icon\/arrow-down\/outline\/16\">\r\n            <rect id=\"Bounding-box\" x=\"0\" y=\"0\" width=\"16\" height=\"16\"><\/rect>\r\n            <g filter=\"url(#filter-1)\" id=\"Icon\">\r\n                <g transform=\"translate(7.500000, 8.000000) scale(-1, -1) rotate(-90.000000) translate(-7.500000, -8.000000) translate(0.000000, 1.500000)\">\r\n                    <polygon id=\"Path\" fill=\"#000000\" fill-rule=\"nonzero\" points=\"8.75 0.792893219 14.4571068 6.5 8.75 12.2071068 8.04289322 11.5 12.542 6.99989322 0.5 7 0.5 6 12.542 5.99989322 8.04289322 1.5\"><\/polygon>\r\n                <\/g>\r\n            <\/g>\r\n        <\/g>\r\n    <\/g>\r\n<\/svg>          <\/span>\r\n        <\/a>\r\n      <\/li>\r\n          <li class=\"toc-block__list-item\">\r\n        <a href=\"#how-to-determine-the-average-cost-per-square-foot-of-commercial-buildings\" class=\"toc-block__link\">\r\n          How to determine the average cost per square foot of commercial buildings\r\n          <span class=\"toc-block__icon\">\r\n            <?xml version=\"1.0\" encoding=\"UTF-8\"?>\r\n<svg width=\"16px\" height=\"16px\" viewBox=\"0 0 16 16\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\">\r\n    <title>FD8B74A2-3372-42BA-99CD-BCC6C3C6EA13@1x<\/title>\r\n    <defs>\r\n        <filter id=\"filter-1\">\r\n            <feColorMatrix in=\"SourceGraphic\" type=\"matrix\" values=\"0 0 0 0 0.000000 0 0 0 0 0.000000 0 0 0 0 0.000000 0 0 0 1.000000 0\"><\/feColorMatrix>\r\n        <\/filter>\r\n    <\/defs>\r\n    <g id=\"Iconography\" stroke=\"none\" stroke-width=\"1\" fill=\"none\" fill-rule=\"evenodd\">\r\n        <g id=\"icon\/arrow-down\/outline\/16\">\r\n            <rect id=\"Bounding-box\" x=\"0\" y=\"0\" width=\"16\" height=\"16\"><\/rect>\r\n            <g filter=\"url(#filter-1)\" id=\"Icon\">\r\n                <g transform=\"translate(7.500000, 8.000000) scale(-1, -1) rotate(-90.000000) translate(-7.500000, -8.000000) translate(0.000000, 1.500000)\">\r\n                    <polygon id=\"Path\" fill=\"#000000\" fill-rule=\"nonzero\" points=\"8.75 0.792893219 14.4571068 6.5 8.75 12.2071068 8.04289322 11.5 12.542 6.99989322 0.5 7 0.5 6 12.542 5.99989322 8.04289322 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our&nbsp;<\\\/span><a href=\\\"https:\\\/\\\/www.wework.com\\\/legal\\\/terms-of-service\\\" target=\\\"_blank\\\" style=\\\"font-size: 13.3333px;\\\">Terms of Service<\\\/a><span style=\\\"font-size: 13.3333px;\\\">&nbsp;and acknowledge our&nbsp;<\\\/span><a href=\\\"https:\\\/\\\/www.wework.com\\\/legal\\\/global-privacy-policy\\\" style=\\\"font-size: 13.3333px;\\\">Global Privacy Policy<\\\/a><span style=\\\"font-size: 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       <script id=\"nf-tmpl-cell\" type=\"text\/template\">\r\n            <nf-fields><\/nf-fields>\r\n        <\/script>\r\n\r\n        <script id=\"nf-tmpl-row\" type=\"text\/template\">\r\n            <nf-cells><\/nf-cells>\r\n        <\/script>\r\n\r\n        \n\n\n<h2  id=\"how-are-build-out-costs-calculated\"class=\"wp-block-heading\">How are build-out costs calculated?<\/h2>\n\n\n\n<p>The commercial construction cost breakdown can vary wildly depending on these factors:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>The needs of the tenant: <\/strong>For office space, a call center has different needs than a medical practice or a law office. High-end finishes and specialized spaces also mean higher prices.<\/li><li><strong>The condition of the property: <\/strong>Brand-new construction will require more build-out work than an older property that&#8217;s been built out for a previous tenant. But older spaces may also need more <a href=\"https:\/\/www.wework.com\/info\/navigating-the-future-of-the-workplace?utm_source=ideas&amp;utm_medium=article&amp;utm_campaign=BTW_THTW&amp;utm_content=Workplace%20Solutions\">upgrades<\/a> before they&#8217;re move-in ready.&nbsp;<\/li><li><strong>The cost of materials and labor: <\/strong>This varies based on region and build-out quality.<\/li><\/ul>\n\n\n\n<p>Each build-out is unique. When a tenant decides exactly what they need, it will be priced out and the final build-out cost will be quoted as an average price per square foot.<\/p>\n\n\n\n<p>Usually, the landlord and tenant will split commercial construction costs, negotiated as part of the <a href=\"https:\/\/www.wework.com\/ideas\/office-design-space\/what-is-commercial-real-estate\">lease agreement<\/a>. This can be handled in a variety of ways. In a turnkey build-out, a landlord handles everything, providing a move-in ready space. In a tenant improvement (TI) build-out, the tenant handles the details of the build-out themselves, but is given an allowance to pay for the construction. Though that allowance is unlikely to pay for the whole build-out, it helps offset some of the costs of fitting out a new commercial space to your specifications.<\/p>\n\n\n\n<p>A TI allowance is also typically referred to by cost per square foot, so your final build-out cost per square foot would be your build-out cost minus your TI allowance.<\/p>\n\n\n\n<p>No matter who manages the build-out and who pays for it, it&#8217;s important to negotiate all of the <a href=\"https:\/\/www.wework.com\/ideas\/office-design-space\/commercial-real-estate-lease-types\">specifications within the lease<\/a> before signing. Otherwise, tenants could end up with a space that doesn&#8217;t quite suit them\u2014and then have to spend more money to make things right. Being clear about build-out requirements means everyone gets what they want without any surprise expenses.<\/p>\n\n\n\n<h2  id=\"estimated-construction-costs-for-corporate-interior-build-outs\"class=\"wp-block-heading\">Estimated construction costs for corporate interior build-outs<\/h2>\n\n\n\n<p>The cost of a commercial build-out varies, but the average commercial building cost per square foot is <a href=\"https:\/\/cxre.co\/real-estate-investment\/understanding-the-owners-costs-of-commercial-build-outs\">$65 with standard finishes<\/a>. But that&#8217;s just an average: Depending on the tenant&#8217;s needs and the condition of the building, costs could go up or down. The location of the building has a big impact, too: Construction costs in New York City are higher than construction costs in Dallas, for example.<\/p>\n\n\n\n<p>Practically, you can expect to pay anything from $50 to $150 for build-out costs per square foot. If it&#8217;s a first-generation space\u2014a shell that hasn&#8217;t been built out before\u2014add $10 per square foot to those estimates. On the low end of that price range, you&#8217;ll get basic office space without any frills. At the high end, you&#8217;ll get <a href=\"https:\/\/www.wework.com\/ideas\/office-design-space\/why-details-matter-in-your-workspace\">high-quality details<\/a> and finishes suitable for an executive space. And if your office needs specialized spaces, like a <a href=\"https:\/\/www.wework.com\/ideas\/office-design-space\/why-your-office-can-benefit-from-a-kitchen-makeover\">kitchen<\/a> or fitness center, you can expect to pay even more.<\/p>\n\n\n\n<figure class=\"wp-block-image size-body_horizontal\"><img decoding=\"async\" src=\"\/ideas\/wp-content\/uploads\/sites\/4\/2020\/11\/Web_150DPI-20201013_WeWork_1003-E-4th-Place-Los-Angeles_006_v1-800x571.jpg\" alt=\"\" class=\"wp-image-3000023138\"\/><figcaption><a href=\"https:\/\/www.wework.com\/buildings\/1003-e-4th-pl--los-angeles--CA\" target=\"_blank\" rel=\"noreferrer noopener\">WeWork 1003 E 4th Pl<\/a> in Los Angeles, CA.<\/figcaption><\/figure>\n\n\n\n<p>Even though commercial construction cost breakdowns are hard to estimate, tenants have a lot of control over them. Choosing a more finished space\u2014even if it isn&#8217;t perfect\u2014can significantly reduce costs. And even when building out new construction, tenants can design and finish the space based on their budget.<\/p>\n\n\n\n<h2  id=\"hard-costs-vs-soft-costs\"class=\"wp-block-heading\">Hard costs vs. soft costs<\/h2>\n\n\n\n<p>When you&#8217;re pricing commercial build-out costs, you&#8217;re likely to see references to hard costs and soft costs. Fortunately, it&#8217;s pretty simple to tell these costs apart once you&#8217;ve learned the lingo.<\/p>\n\n\n\n<p>Hard costs are physical improvements that will remain after the tenants have gone. They include things like doors, windows, paint, carpet, <a href=\"https:\/\/www.wework.com\/ideas\/brokers\/top-three-hvac-questions-in-the-time-of-covid-19\">HVAC systems<\/a>, plumbing, and all other physical improvements. Hard costs also include labor, which is typically the largest expense of a build-out.&nbsp;<\/p>\n\n\n\n<p>On the other hand, soft costs are everything that doesn&#8217;t involve physical improvements to the property, such as building permits, legal fees, and inspection costs. When you&#8217;re estimating the cost of a build-out, these are usually easy to guess at, because they&#8217;re fairly standard regardless of the extent of the build-out.<\/p>\n\n\n\n<h2  id=\"how-to-determine-the-average-cost-per-square-foot-of-commercial-buildings\"class=\"wp-block-heading\">How to determine the average cost per square foot of commercial buildings<\/h2>\n\n\n\n<p>Figuring out the cost per square foot for commercial buildings can be a little more complicated than you might expect, because it may be quoted in different ways. In terms of <a href=\"https:\/\/www.wework.com\/ideas\/office-design-space\/what-is-commercial-real-estate\">leasing commercial office space<\/a>, the cost per square feet is often an annual cost. That means to determine the monthly rent for a property, tenants need to multiply the listed cost per square foot by the number of square feet, and then divide by 12.<\/p>\n\n\n\n<p>However, in different parts of the country, this may be quoted differently. In California, for example, cost per square foot for commercial leases is typically listed on a per-month basis. Other monthly expenses can also impact your cost per square foot\u2014for example, with a <a href=\"https:\/\/www.wework.com\/ideas\/office-design-space\/commercial-real-estate-lease-types\">triple net lease<\/a>, tenants are also responsible for taxes, insurance, and maintenance costs. Then, of course, there are the build-out costs, which can significantly increase your move-in expenses.<\/p>\n\n\n\n<p>Be sure you understand exactly what price is being quoted\u2014and whether it includes everything\u2014before making any decisions on <a href=\"https:\/\/www.wework.com\/ideas\/office-design-space\/find-commercial-office-space\">leasing space<\/a>.<\/p>\n\n\n<div class=\"related-articles-sticky related-articles-sticky--sticky-on-desktop\">\r\n        <div class=\"related-articles-sticky__holder\">\r\n            <div class=\"ray-grid\">\r\n                <div class=\"ray-grid__cell--span-full\">\r\n                    <div class=\"related-articles-sticky__header-wrapper\">\r\n                        <h3 class=\"ray-text--h3 related-articles-sticky__block-title\">\r\n                            Related articles\r\n                        <\/h3>\r\n                    <\/div>\r\n                    <div class=\"related-articles-sticky__wrapper\">\r\n                     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https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2023\/01\/Web_150DPI-20221805_830-NE-Holladay-St_2-Twitter-scaled.jpg?resize=800%2C450 800w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2023\/01\/Web_150DPI-20221805_830-NE-Holladay-St_2-Twitter-scaled.jpg?resize=1440%2C810 1440w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2023\/01\/Web_150DPI-20221805_830-NE-Holladay-St_2-Twitter-scaled.jpg?resize=400%2C225 400w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2023\/01\/Web_150DPI-20221805_830-NE-Holladay-St_2-Twitter-scaled.jpg?resize=1120%2C630 1120w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2023\/01\/Web_150DPI-20221805_830-NE-Holladay-St_2-Twitter-scaled.jpg?resize=1536%2C864 1536w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/>\r\n                                    <\/a>\r\n                                <\/div>\r\n                                <div class=\"related-articles-sticky__container\">\r\n                                    <a href=\"https:\/\/www.wework.com\/ideas\/professional-development\/business-solutions\/temporary-office-space-what-it-is-and-how-to-choose-one\">\r\n                                        <div class=\"related-articles-sticky__caption-title\">\r\n                                            Temporary office space: What it is and how to choose one\r\n                                        <\/div>\r\n\r\n                                        <div class=\"author\">\r\n    By\r\n    Steve Hogarty\r\n  <\/div>\r\n                                    <\/a>\r\n                                <\/div>\r\n                            <\/div>\r\n                        \r\n                            <div class=\"related-articles-sticky__item\">\r\n                                <div class=\"related-articles-sticky__image-wrapper\">\r\n                                    <a href=\"https:\/\/www.wework.com\/ideas\/professional-development\/business-solutions\/nnn-lease-versus-a-gross-lease-whats-the-difference\" class=\"ray-image ray-image--1by1\">\r\n                                        <img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"2048\" height=\"1152\" src=\"https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2021\/11\/20212809_260_Queen_Street_02-102_09_v1-scaled.jpg?resize=2048%2C1152\" class=\"related-articles-sticky__image\" alt=\"\" srcset=\"https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2021\/11\/20212809_260_Queen_Street_02-102_09_v1-scaled.jpg?w=2048 2048w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2021\/11\/20212809_260_Queen_Street_02-102_09_v1-scaled.jpg?w=400 400w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2021\/11\/20212809_260_Queen_Street_02-102_09_v1-scaled.jpg?w=800 800w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2021\/11\/20212809_260_Queen_Street_02-102_09_v1-scaled.jpg?w=1120 1120w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2021\/11\/20212809_260_Queen_Street_02-102_09_v1-scaled.jpg?w=1440 1440w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2021\/11\/20212809_260_Queen_Street_02-102_09_v1-scaled.jpg?w=1536 1536w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/>\r\n                                    <\/a>\r\n                                <\/div>\r\n                                <div class=\"related-articles-sticky__container\">\r\n                                    <a href=\"https:\/\/www.wework.com\/ideas\/professional-development\/business-solutions\/nnn-lease-versus-a-gross-lease-whats-the-difference\">\r\n                                        <div class=\"related-articles-sticky__caption-title\">\r\n                                            NNN lease versus a gross lease: What\u2019s the difference?\r\n                                        <\/div>\r\n\r\n                                        <div class=\"author\">\r\n    By\r\n    Steve Hogarty\r\n  <\/div>\r\n                                    <\/a>\r\n                                <\/div>\r\n                            <\/div>\r\n                        \r\n                            <div class=\"related-articles-sticky__item\">\r\n                                <div class=\"related-articles-sticky__image-wrapper\">\r\n                                    <a href=\"https:\/\/www.wework.com\/ideas\/workspace-solutions\/flexible-products\/the-next-evolution-of-commercial-real-estate\" class=\"ray-image ray-image--1by1\">\r\n                                        <img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"2048\" height=\"1152\" src=\"https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2021\/11\/22012019_Sydney_383-George-Street_Conference-Room_01_v2-scaled.jpg?resize=2048%2C1152\" class=\"related-articles-sticky__image\" alt=\"\" srcset=\"https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2021\/11\/22012019_Sydney_383-George-Street_Conference-Room_01_v2-scaled.jpg?w=2048 2048w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2021\/11\/22012019_Sydney_383-George-Street_Conference-Room_01_v2-scaled.jpg?w=400 400w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2021\/11\/22012019_Sydney_383-George-Street_Conference-Room_01_v2-scaled.jpg?w=800 800w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2021\/11\/22012019_Sydney_383-George-Street_Conference-Room_01_v2-scaled.jpg?w=1120 1120w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2021\/11\/22012019_Sydney_383-George-Street_Conference-Room_01_v2-scaled.jpg?w=1440 1440w, https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2021\/11\/22012019_Sydney_383-George-Street_Conference-Room_01_v2-scaled.jpg?w=1536 1536w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/>\r\n                                    <\/a>\r\n                                <\/div>\r\n                                <div class=\"related-articles-sticky__container\">\r\n                                    <a href=\"https:\/\/www.wework.com\/ideas\/workspace-solutions\/flexible-products\/the-next-evolution-of-commercial-real-estate\">\r\n                                        <div class=\"related-articles-sticky__caption-title\">\r\n                                            The next evolution of commercial real estate\r\n                                        <\/div>\r\n\r\n                                        <div class=\"author\">\r\n    By\r\n    WeWork\r\n  <\/div>\r\n                                    <\/a>\r\n                                <\/div>\r\n                            <\/div>\r\n                                            <\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n    <\/div>\r\n\n\n\n<h2  id=\"wework-vs-traditional-types-of-commercial-office-space-build-outs\"class=\"wp-block-heading\">WeWork vs. traditional types of commercial office space build-outs<\/h2>\n\n\n\n<p>Building out a traditional commercial office space can be time-consuming and expensive. And when you want to focus on growing your business, you may not be interested in hunting for the right property and building it out to your specifications.<\/p>\n\n\n\n<p>With a traditional commercial office build-out, tenants have more control over how a space is built\u2014but that control costs time and money. And worse, construction could go over budget or fall behind schedule, setting your business back. If you&#8217;re a small business or a startup, it may be hard to find the funds for a high-quality build-out.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-body_horizontal\"><img decoding=\"async\" src=\"\/ideas\/wp-content\/uploads\/sites\/4\/2020\/11\/Web_150DPI-20201013_WeWork_1003-E-4th-Place-Los-Angeles_009_v1-copy-800x571.jpg\" alt=\"\" class=\"wp-image-3000023141\"\/><figcaption><a rel=\"noreferrer noopener\" href=\"https:\/\/www.wework.com\/buildings\/1003-e-4th-pl--los-angeles--CA\" target=\"_blank\">WeWork 1003 E 4th Pl<\/a> in Los Angeles, CA.<\/figcaption><\/figure>\n\n\n\n<p>WeWork office space is pre-built and <a href=\"https:\/\/www.wework.com\/tomorrow?utm_source=ideas&amp;utm_medium=article&amp;utm_campaign=BTW_THTW&amp;utm_content=Workplace%20Solutions\">move-in ready<\/a>. There&#8217;s no need to manage the hassle and cost of a high-quality build-out, because workspaces are already <a href=\"https:\/\/www.wework.com\/info\/inspiring-workplace-productivity?utm_source=ideas&amp;utm_medium=article&amp;utm_campaign=BTW_THTW&amp;utm_content=Workplace%20Solutions\">finished to a high level<\/a> and packed with amenities. What\u2019s more, WeWork offers <a href=\"https:\/\/www.wework.com\/info\/the-future-of-work-is-flexible?utm_source=ideas&amp;utm_medium=article&amp;utm_campaign=BTW_THTW&amp;utm_content=Workplace%20Solutions\">flexible space<\/a> that fits your team now and going forward. Tenants get as much space as they need for a single, predictable monthly rate. It doesn&#8217;t get easier than that.<\/p>\n\n\n\n<p>WeWork is commercial office space with no hassles and no delays. All you have to do is <a href=\"https:\/\/www.wework.com\/tomorrow\/get-started?utm_source=ideas&amp;utm_medium=article&amp;utm_campaign=BTW_THTW&amp;utm_content=Workplace%20Solutions\">pick your location<\/a> and when you want to move in, and you&#8217;re ready to get to work.<\/p>\n\n\n\n<p><em>Elizabeth Harper is a writer and editor based in Austin, Texas. She\u2019s the editorial director of entertainment site Blizzard Watch and covers consumer technology, personal finance, and entertainment all over the internet.<\/em><\/p>\n\n\n<div\r\n  data-block_60e8695ae0589\r\n  class=\"sticky-cta align sticky-cta--bottom sticky-cta--collection--bottom sticky-cta--right sticky-cta--collection\"\r\n>\r\n  <div class=\"sticky-cta__copy sticky-cta--collection__copy\">\r\n    <p>Rethinking your workspace?<\/p>\n\r\n  <\/div>\r\n\r\n  <div class=\"sticky-cta__button-wrap sticky-cta--collection__button\">\r\n    <button class=\"ray-button ray-button--primary sticky-cta__button\">\r\n      <a\r\n        href=\"#nf-form-31-cont\"\r\n        class=\"sticky-cta__link sticky-cta--collection__link\">\r\n        Get in touch\r\n      <\/a>\r\n    <\/button>\r\n  <\/div>\r\n<\/div>\r\n","protected":false},"excerpt":{"rendered":"<p>Stay within your office space budget by learning about commercial build-out costs<\/p>\n","protected":false},"author":2137,"featured_media":3000023134,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"template-single-collection.blade.php","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[43910,43902],"tags":[38931],"class_list":["post-3000023126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-solutions","category-professional-development","tag-commercial-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.4 (Yoast SEO v25.3.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The costs of commercial building construction and build-outs - Ideas<\/title>\n<meta name=\"description\" content=\"The aesthetics of a commercial building will determine how long a tenant stays in the building. Learn how to mitigate costs with the right CRE build-out at WeWork.com.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wework.com\/ideas\/professional-development\/business-solutions\/commercial-real-estate-build-out-costs\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The costs of commercial construction build-outs\" \/>\n<meta property=\"og:description\" content=\"Stay within your office space budget by learning about commercial build-out costs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wework.com\/ideas\/professional-development\/business-solutions\/commercial-real-estate-build-out-costs\" \/>\n<meta property=\"og:site_name\" content=\"Ideas\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-06T17:34:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-08T18:07:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2020\/11\/Web_150DPI-20200930_WeWork_1100-Ludlow-St-Philadelphia_012_FB.jpg?fit=1200%2C675\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Elizabeth Harper\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:description\" content=\"Stay within your office space budget by learning about commercial build-out costs.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2020\/11\/Web_150DPI-20200930_WeWork_1100-Ludlow-St-Philadelphia_012_twitter.jpg?fit=1024%2C576\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Elizabeth Harper\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.wework.com\/ideas\/professional-development\/business-solutions\/commercial-real-estate-build-out-costs#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.wework.com\/ideas\/professional-development\/business-solutions\/commercial-real-estate-build-out-costs\"},\"author\":{\"name\":\"Elizabeth Harper\",\"@id\":\"https:\/\/www.wework.com\/ideas\/#\/schema\/person\/d014e75ea91bf6421da34adf4ad47828\"},\"headline\":\"The costs of commercial construction build-outs\",\"datePublished\":\"2020-11-06T17:34:43+00:00\",\"dateModified\":\"2021-09-08T18:07:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.wework.com\/ideas\/professional-development\/business-solutions\/commercial-real-estate-build-out-costs\"},\"wordCount\":1240,\"publisher\":{\"@id\":\"https:\/\/www.wework.com\/ideas\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.wework.com\/ideas\/professional-development\/business-solutions\/commercial-real-estate-build-out-costs#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2020\/11\/Web_150DPI-20200930_WeWork_1100-Ludlow-St-Philadelphia_012_v1.jpg?fit=1440%2C810\",\"keywords\":[\"Commercial Real Estate\"],\"articleSection\":[\"Business Solutions\",\"Professional Development\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.wework.com\/ideas\/professional-development\/business-solutions\/commercial-real-estate-build-out-costs\",\"url\":\"https:\/\/www.wework.com\/ideas\/professional-development\/business-solutions\/commercial-real-estate-build-out-costs\",\"name\":\"The costs of commercial building construction and build-outs - Ideas\",\"isPartOf\":{\"@id\":\"https:\/\/www.wework.com\/ideas\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.wework.com\/ideas\/professional-development\/business-solutions\/commercial-real-estate-build-out-costs#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.wework.com\/ideas\/professional-development\/business-solutions\/commercial-real-estate-build-out-costs#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2020\/11\/Web_150DPI-20200930_WeWork_1100-Ludlow-St-Philadelphia_012_v1.jpg?fit=1440%2C810\",\"datePublished\":\"2020-11-06T17:34:43+00:00\",\"dateModified\":\"2021-09-08T18:07:23+00:00\",\"description\":\"The aesthetics of a commercial building will determine how long a tenant stays in the building. 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