🏆 13/13 · Claude Code Audited

✓ Machine Certified10/10?

How do I get a performance bond from the landlord’s contractor for my buildout

📖 2,404 words🗓️ Published Jul 2, 2026

Direct Answer

You don't "get" a performance bond from a contractor — you require it in your lease or work letter as a condition of the landlord's tenant improvement (TI) allowance being disbursed, and the landlord's contractor must purchase it from a surety company before breaking ground. A performance bond is a three-party guarantee: the surety (the bond issuer) promises the obligee (you, the tenant) that the principal (the contractor) will complete the buildout per the contract, or the surety will step in to finish the work or pay you up to the bond amount — typically 100% of the contract value. The key move: write into your lease that the landlord's contractor must provide a performance and payment bond equal to the full cost of the buildout, naming you (the tenant) as the co-obligee alongside the landlord. This protects you if the contractor goes bankrupt, walks off the job, or fails to pay subcontractors — a lien nightmare you want no part of. Expect pushback from landlords on smaller buildouts, where bond premiums (typically 1% to 3% of contract value) eat into margins, but for larger buildouts, a bond is standard practice. If the landlord refuses, you can often get a letter of credit from their bank or a subguard policy as a fallback — but a performance bond is the gold standard because it comes with the surety's oversight and completion guarantee.

CRO SYNDICATE

Why You Need a Performance Bond as a Tenant

A performance bond is your safety net when the landlord's contractor is building out your space. Without one, you're exposed to three catastrophic risks:

Contractor default. If the contractor files for bankruptcy mid-project — and it happens more often than you think in volatile construction markets — you're left with a half-finished buildout, no leverage, and a landlord who may blame you for delays. The bond ensures the surety hires a replacement contractor to finish the job at no extra cost to you.
Subcontractor liens. Unpaid subcontractors can file a mechanic's lien against the property, which clouds title and can halt your occupancy. A payment bond (usually bundled with the performance bond) guarantees that subcontractors and suppliers get paid, protecting you from legal headaches.
Schedule slippage. A bonded contractor knows the surety is watching — they'll do site inspections and demand progress reports. That oversight often keeps the project on track, whereas an unbonded contractor can drag their feet with no consequence.

The bond doesn't just protect your money — it protects your move-in date, which is often tied to your rent commencement and business opening. A significant delay in a buildout can cost you substantially in lost revenue.

How to Write the Bond Requirement Into Your Lease

The language must be precise. Here's what to include in your work letter agreement or lease exhibit:

Bond amount. "Contractor shall furnish a performance bond and a payment bond, each in an amount equal to 100% of the total contract price for the buildout." Never accept a bond for less than the full value — partial bonds leave gaps.
Obligee status. "Tenant shall be named as a co-obligee on the bond, with the right to make a claim directly against the surety." This gives you standing to demand the surety perform, rather than relying on the landlord to act.
Surety approval. "The surety issuing the bond must be licensed in the state and have an A.M. Best rating of A- or better." You want a financially stable surety, not a fly-by-night outfit.
Timing. "The bond shall be delivered to tenant and landlord no later than 10 days before construction commencement." No bond, no work — that's the leverage.
Waiver of subrogation. "The bond shall contain a waiver of the surety's rights of subrogation against tenant." This prevents the surety from coming after you if they pay a claim.

Get your commercial real estate attorney to review this language. A generic bond clause from a form lease often leaves the tenant with no enforcement rights.

The Bond Application Process: What the Contractor Must Do

How do I get a performance bond from the landlord’s contractor for — The Bond Application Process: What the Contractor Must D

The contractor applies for the bond through a surety agent or broker. Here's what happens behind the scenes:

Financial underwriting. The surety reviews the contractor's financial statements, credit history, and work-in-progress backlog. They want to see strong liquidity and manageable debt levels. If the contractor is financially shaky, the surety may deny the bond or require a collateral agreement (cash or letter of credit) from the contractor.
Project-specific underwriting. The surety evaluates the buildout's scope, timeline, and complexity. A simple office fit-out is low risk; a restaurant buildout with grease traps, hoods, and plumbing is higher risk. The bond premium reflects that.
Bond issuance. Once approved, the surety issues the bond document — a multi-page legal instrument with terms, conditions, and the bond amount. The contractor pays the premium (typically 1% to 3% of the bond amount) and delivers the bond to you and the landlord.
Annual renewal. If the contractor has a blanket bond covering multiple projects, it renews annually. For a single-project bond, it expires when the buildout is complete and all lien waivers are filed.

You have the right to ask the contractor for proof of bond — a certified copy — before any money changes hands. Don't accept a verbal assurance.

What to Do If the Landlord Refuses a Performance Bond

Landlords often push back on bonds for small buildouts or when they have a preferred contractor they trust. Here's your negotiation playbook:

Offer a threshold. "I'll waive the bond for the first portion of work, but any amount above that requires a bond." This splits the difference and shows reasonableness.
Accept a letter of credit. A standby letter of credit from the landlord's bank, in your name, for the buildout value, gives you the same financial protection — you can draw on it if the contractor defaults. It's not as strong as a bond (no surety oversight), but it's better than nothing.
Request a subguard policy. Some contractors carry subcontractor default insurance (SDI) that covers you if a sub walks. It's not a bond, but it offers partial protection.
Escrow the TI allowance. "If you won't bond the contractor, then deposit my TI allowance into an escrow account and release it only upon signed lien waivers and progress inspections." This gives you control over disbursement without a bond.
Walk away. On a substantial buildout, a landlord who refuses a bond is a red flag. They may be hiding a contractor with poor credit or a history of defaults. Trust your gut.

Remember: the bond protects the landlord too — it ensures their building gets finished. A good landlord will understand that.

How Performance Bonds Interact with Your TI Allowance

Your tenant improvement allowance is the money the landlord gives you to build out the space — the amount varies by market and lease terms. The bond ties directly to how that money flows:

Disbursement triggers. With a bond in place, the landlord is more comfortable releasing TI funds in progress payments (e.g., percentages at foundation, rough-in, finish, and completion) because the surety backstops any default. Without a bond, landlords often require lien waivers and inspection sign-offs before each draw, slowing your cash flow.
Bond premium as a cost. The 1% to 3% premium is typically paid by the contractor and factored into their bid — meaning it comes out of your TI allowance indirectly. If the landlord's contractor is charging a higher price to cover the bond, negotiate a slightly higher TI allowance to offset it.
Bond reduction. As the buildout progresses and milestones are hit, you can agree to reduce the bond amount proportionally. For example, after partial completion, the bond drops to a percentage of the original value. This saves the contractor premium on the remaining balance.
Final release. Once the buildout is substantially complete and all lien waivers are signed, the bond is released. The surety issues a bond release letter, and the contractor's obligation ends.

Always track the bond alongside your TI draw schedule. A mismatch can freeze your funds.

CRO SYNDICATE

What Happens When You File a Bond Claim

If the contractor defaults — walks off, goes bankrupt, or fails to pay subs — you file a claim with the surety. Here's the process:

Document everything. Gather the contract, bond, change orders, progress photos, and correspondence showing the default. The surety will demand proof.
Notify the surety in writing. Send a formal claim letter via certified mail, detailing the breach and demanding completion or payment. Include the bond number and your co-obligee status.
Surety investigation. The surety has a period to investigate. They'll interview the contractor, review finances, and assess the project status. If the contractor is truly insolvent, the surety will step in.
Completion options. The surety can: (a) hire a new contractor to finish the work, (b) pay you the bond amount to cover completion costs, or (c) negotiate a settlement with you and the landlord. They prefer completion because it's cheaper than paying out.
Timeline. A bond claim can take time to resolve. During that period, your buildout is stalled. That's why prevention — a strong bond requirement upfront — is better than cure.

The surety has the right to sue the contractor to recover what they paid out, but that's their problem, not yours. Your job is to get your space finished.

Negotiating the Bond Requirement in Your Lease

The most effective way to secure a performance bond is to negotiate it into your lease or work letter agreement *before* signing. Focus on the specific language: require that the contractor must provide a performance bond "naming Tenant as an additional obligee" and that no tenant improvement allowance funds will be released until the bond is delivered and approved by your legal counsel. If the landlord resists, frame it as a mutual protection—the bond ensures the project completes on time, which benefits both parties by avoiding delays that could affect rent commencement or the landlord's ability to lease other spaces. For smaller buildouts, you might offer to split the bond premium cost with the landlord as a compromise, since the premium is typically a small percentage of the contract value.

Verifying the Bond's Legitimacy

Once the contractor provides the bond, you must verify it is genuine and enforceable. Request a certified copy of the bond from the surety company, then check the surety's rating with a major rating agency—only accept bonds from sureties rated "A" or better. Confirm the bond amount equals at least 100% of the buildout contract value, and ensure the bond's effective date covers the entire construction period, plus any warranty or punch-list work. Also, ask for a "consent of surety" letter if the contractor changes subcontractors mid-project, as this maintains your coverage. A common mistake is accepting a bid bond or a payment bond alone—neither protects you against non-completion like a performance bond does.

Alternatives When a Bond Isn't Feasible

If the landlord or contractor cannot obtain a performance bond—often due to the contractor's credit history or the project's size—you have workable alternatives. Request a letter of credit from the contractor's bank, issued in your name, for the full buildout cost. This gives you direct access to funds if the contractor defaults, though it requires you to draw on it properly. Another option is subguard insurance, a policy that covers subcontractor defaults and liens, which can be cheaper than a full performance bond. For very small buildouts, consider a retainage holdback—withhold a significant portion of the TI allowance until the buildout is fully complete and all lien waivers are signed. Each alternative has trade-offs, so consult with a construction attorney to match the solution to your project's risk profile.

FAQ

Does a performance bond cover design errors? No — a performance bond covers the contractor's failure to complete the work per the contract, not design flaws. For design protection, you need professional liability insurance from the architect or engineer.

Can I get a bond for a small buildout? Technically yes, but most sureties won't write very small bonds because the premium is too small to justify underwriting costs. For small buildouts, use a letter of credit or escrow instead.

Who pays the bond premium — me or the landlord? The contractor pays the premium, but it's baked into their bid — so indirectly, it comes from your TI allowance or the landlord's budget. Negotiate who bears the cost in the work letter.

What's the difference between a performance bond and a payment bond? A performance bond guarantees completion of the work; a payment bond guarantees subcontractors and suppliers get paid. They're almost always sold together as a performance and payment bond.

Can I name myself as the sole obligee on the bond? Rarely — landlords usually insist on being the primary obligee because they own the building. But you can be named as a co-obligee with equal rights to claim, which is standard practice.

What happens if the surety goes bankrupt? It's rare, but if the surety fails, the bond is worthless. That's why you require a surety with an A.M. Best rating of A- or better — these are large, regulated insurers with strong reserves.

Sources

National Association of Surety Bond Producers (NASBP) — performance bond fundamentals
American Institute of Architects (AIA) — contract documents and bond forms
The Surety & Fidelity Association of America (SFAA) — industry standards
Commercial Real Estate Development Association (NAIOP) — tenant improvement best practices
U.S. Small Business Administration (SBA) — construction bonding guides
Building Owners and Managers Association (BOMA) — lease negotiation resources
International Code Council (ICC) — construction compliance references

flowchart TD A[Review Lease Terms] --> B[Identify Contractor] B --> C[Request Bond from Contractor] C --> D[Verify Bond Amount] D --> E[Confirm Bond Issuer] E --> F[Receive Bond Document] F --> G[Store Bond Safely]

flowchart TD A[Start Buildout] --> B[Request bond from contractor] B --> C[Contractor contacts surety] C --> D[Surety evaluates contractor] D --> E[Surety issues performance bond] E --> F[Landlord reviews bond] F --> G[Buildout proceeds]

Related on PULSE

Explore more in the PULSE library.

Download:

![How do I get a performance bond from the landlord’s contractor for my buildout](/assets/cro-cover-6.jpg)

## Direct Answer

You don't "get" a **performance bond** from a contractor — you require it in your **lease or work letter** as a condition of the landlord's **tenant improvement (TI) allowance** being disbursed, and the landlord's contractor must purchase it from a **surety company** before breaking ground. A performance bond is a three-party guarantee: the **surety** (the bond issuer) promises the **obligee** (you, the tenant) that the **principal** (the contractor) will complete the buildout per the contract, or the surety will step in to finish the work or pay you up to the bond amount — typically **100% of the contract value**. The key move: write into your lease that the landlord's contractor must provide a **performance and payment bond** equal to the full cost of the buildout, naming you (the tenant) as the **co-obligee** alongside the landlord. This protects you if the contractor goes bankrupt, walks off the job, or fails to pay subcontractors — a lien nightmare you want no part of. Expect pushback from landlords on smaller buildouts, where bond premiums (typically **1% to 3% of contract value**) eat into margins, but for larger buildouts, a bond is standard practice. If the landlord refuses, you can often get a **letter of credit** from their bank or a **subguard** policy as a fallback — but a performance bond is the gold standard because it comes with the surety's oversight and completion guarantee.

```mermaid
flowchart TD
A[Review Lease Terms] --> B[Identify Contractor]
B --> C[Request Bond from Contractor]
C --> D[Verify Bond Amount]
D --> E[Confirm Bond Issuer]
E --> F[Receive Bond Document]
F --> G[Store Bond Safely]
```

```mermaid
flowchart TD
A[Start Buildout] --> B[Request bond from contractor]
B --> C[Contractor contacts surety]
C --> D[Surety evaluates contractor]
D --> E[Surety issues performance bond]
E --> F[Landlord reviews bond]
F --> G[Buildout proceeds]
```

## Why You Need a Performance Bond as a Tenant

![How do I get a performance bond from the landlord’s contractor for — Why You Need a Performance Bond as a Tenant](/assets/cro-cover-6.jpg)


A **performance bond** is your safety net when the landlord's contractor is building out your space. Without one, you're exposed to three catastrophic risks:

- **Contractor default.** If the contractor files for bankruptcy mid-project — and it happens more often than you think in volatile construction markets — you're left with a half-finished buildout, no leverage, and a landlord who may blame you for delays. The bond ensures the surety hires a replacement contractor to finish the job at no extra cost to you.
- **Subcontractor liens.** Unpaid subcontractors can file a **mechanic's lien** against the property, which clouds title and can halt your occupancy. A **payment bond** (usually bundled with the performance bond) guarantees that subcontractors and suppliers get paid, protecting you from legal headaches.
- **Schedule slippage.** A bonded contractor knows the surety is watching — they'll do site inspections and demand progress reports. That oversight often keeps the project on track, whereas an unbonded contractor can drag their feet with no consequence.

The bond doesn't just protect your money — it protects your **move-in date**, which is often tied to your **rent commencement** and **business opening**. A significant delay in a buildout can cost you substantially in lost revenue.

## How to Write the Bond Requirement Into Your Lease

![How do I get a performance bond from the landlord’s contractor for — How to Write the Bond Requirement Into Your Lease](/assets/cro-cover-6.jpg)


The language must be precise. Here's what to include in your **work letter agreement** or lease exhibit:

- **Bond amount.** "Contractor shall furnish a performance bond and a payment bond, each in an amount equal to **100% of the total contract price** for the buildout." Never accept a bond for less than the full value — partial bonds leave gaps.
- **Obligee status.** "Tenant shall be named as a **co-obligee** on the bond, with the right to make a claim directly against the surety." This gives you standing to demand the surety perform, rather than relying on the landlord to act.
- **Surety approval.** "The surety issuing the bond must be licensed in the state and have an **A.M. Best rating of A- or better**." You want a financially stable surety, not a fly-by-night outfit.
- **Timing.** "The bond shall be delivered to tenant and landlord no later than **10 days before construction commencement**." No bond, no work — that's the leverage.
- **Waiver of subrogation.** "The bond shall contain a waiver of the surety's rights of subrogation against tenant." This prevents the surety from coming after you if they pay a claim.

Get your **commercial real estate attorney** to review this language. A generic bond clause from a form lease often leaves the tenant with no enforcement rights.

## The Bond Application Process: What the Contractor Must Do

![How do I get a performance bond from the landlord’s contractor for — The Bond Application Process: What the Contractor Must D](/assets/cro-cover-6.jpg)


The contractor applies for the bond through a **surety agent** or broker. Here's what happens behind the scenes:

- **Financial underwriting.** The surety reviews the contractor's **financial statements**, **credit history**, and **work-in-progress backlog**. They want to see strong liquidity and manageable debt levels. If the contractor is financially shaky, the surety may deny the bond or require a **collateral agreement** (cash or letter of credit) from the contractor.
- **Project-specific underwriting.** The surety evaluates the buildout's scope, timeline, and complexity. A simple **office fit-out** is low risk; a **restaurant buildout** with grease traps, hoods, and plumbing is higher risk. The bond premium reflects that.
- **Bond issuance.** Once approved, the surety issues the bond document — a multi-page legal instrument with terms, conditions, and the bond amount. The contractor pays the premium (typically **1% to 3%** of the bond amount) and delivers the bond to you and the landlord.
- **Annual renewal.** If the contractor has a **blanket bond** covering multiple projects, it renews annually. For a single-project bond, it expires when the buildout is complete and all **lien waivers** are filed.

You have the right to ask the contractor for **proof of bond** — a certified copy — before any money changes hands. Don't accept a verbal assurance.

## What to Do If the Landlord Refuses a Performance Bond

Landlords often push back on bonds for small buildouts or when they have a **preferred contractor** they trust. Here's your negotiation playbook:

- **Offer a threshold.** "I'll waive the bond for the first portion of work, but any amount above that requires a bond." This splits the difference and shows reasonableness.
- **Accept a letter of credit.** A **standby letter of credit** from the landlord's bank, in your name, for the buildout value, gives you the same financial protection — you can draw on it if the contractor defaults. It's not as strong as a bond (no surety oversight), but it's better than nothing.
- **Request a subguard policy.** Some contractors carry **subcontractor default insurance** (SDI) that covers you if a sub walks. It's not a bond, but it offers partial protection.
- **Escrow the TI allowance.** "If you won't bond the contractor, then deposit my **TI allowance** into an **escrow account** and release it only upon signed **lien waivers** and **progress inspections**." This gives you control over disbursement without a bond.
- **Walk away.** On a substantial buildout, a landlord who refuses a bond is a red flag. They may be hiding a contractor with poor credit or a history of defaults. Trust your gut.

Remember: the bond protects the landlord too — it ensures their building gets finished. A good landlord will understand that.

## How Performance Bonds Interact with Your TI Allowance

Your **tenant improvement allowance** is the money the landlord gives you to build out the space — the amount varies by market and lease terms. The bond ties directly to how that money flows:

- **Disbursement triggers.** With a bond in place, the landlord is more comfortable releasing TI funds in **progress payments** (e.g., percentages at foundation, rough-in, finish, and completion) because the surety backstops any default. Without a bond, landlords often require **lien waivers** and **inspection sign-offs** before each draw, slowing your cash flow.
- **Bond premium as a cost.** The **1% to 3% premium** is typically paid by the contractor and factored into their bid — meaning it comes out of your TI allowance indirectly. If the landlord's contractor is charging a higher price to cover the bond, negotiate a slightly higher TI allowance to offset it.
- **Bond reduction.** As the buildout progresses and milestones are hit, you can agree to **reduce the bond amount** proportionally. For example, after partial completion, the bond drops to a percentage of the original value. This saves the contractor premium on the remaining balance.
- **Final release.** Once the buildout is **substantially complete** and all **lien waivers** are signed, the bond is released. The surety issues a **bond release letter**, and the contractor's obligation ends.

Always track the bond alongside your TI draw schedule. A mismatch can freeze your funds.

## What Happens When You File a Bond Claim

If the contractor defaults — walks off, goes bankrupt, or fails to pay subs — you file a claim with the surety. Here's the process:

- **Document everything.** Gather the **contract**, **bond**, **change orders**, **progress photos**, and **correspondence** showing the default. The surety will demand proof.
- **Notify the surety in writing.** Send a **formal claim letter** via certified mail, detailing the breach and demanding completion or payment. Include the bond number and your co-obligee status.
- **Surety investigation.** The surety has a period to investigate. They'll interview the contractor, review finances, and assess the project status. If the contractor is truly insolvent, the surety will step in.
- **Completion options.** The surety can: (a) hire a new contractor to finish the work, (b) pay you the bond amount to cover completion costs, or (c) negotiate a settlement with you and the landlord. They prefer completion because it's cheaper than paying out.
- **Timeline.** A bond claim can take time to resolve. During that period, your buildout is stalled. That's why prevention — a strong bond requirement upfront — is better than cure.

The surety has the right to **sue the contractor** to recover what they paid out, but that's their problem, not yours. Your job is to get your space finished.

## Negotiating the Bond Requirement in Your Lease

The most effective way to secure a performance bond is to negotiate it into your lease or work letter agreement *before* signing. Focus on the specific language: require that the contractor must provide a performance bond "naming Tenant as an additional obligee" and that no tenant improvement allowance funds will be released until the bond is delivered and approved by your legal counsel. If the landlord resists, frame it as a mutual protection—the bond ensures the project completes on time, which benefits both parties by avoiding delays that could affect rent commencement or the landlord's ability to lease other spaces. For smaller buildouts, you might offer to split the bond premium cost with the landlord as a compromise, since the premium is typically a small percentage of the contract value.

## Verifying the Bond's Legitimacy

Once the contractor provides the bond, you must verify it is genuine and enforceable. Request a certified copy of the bond from the surety company, then check the surety's rating with a major rating agency—only accept bonds from sureties rated "A" or better. Confirm the bond amount equals at least 100% of the buildout contract value, and ensure the bond's effective date covers the entire construction period, plus any warranty or punch-list work. Also, ask for a "consent of surety" letter if the contractor changes subcontractors mid-project, as this maintains your coverage. A common mistake is accepting a bid bond or a payment bond alone—neither protects you against non-completion like a performance bond does.

## Alternatives When a Bond Isn't Feasible

If the landlord or contractor cannot obtain a performance bond—often due to the contractor's credit history or the project's size—you have workable alternatives. Request a **letter of credit** from the contractor's bank, issued in your name, for the full buildout cost. This gives you direct access to funds if the contractor defaults, though it requires you to draw on it properly. Another option is **subguard insurance**, a policy that covers subcontractor defaults and liens, which can be cheaper than a full performance bond. For very small buildouts, consider a **retainage holdback**—withhold a significant portion of the TI allowance until the buildout is fully complete and all lien waivers are signed. Each alternative has trade-offs, so consult with a construction attorney to match the solution to your project's risk profile.

## FAQ

**Does a performance bond cover design errors?**
No — a performance bond covers the contractor's failure to complete the work per the contract, not design flaws. For design protection, you need **professional liability insurance** from the architect or engineer.

**Can I get a bond for a small buildout?**
Technically yes, but most sureties won't write very small bonds because the premium is too small to justify underwriting costs. For small buildouts, use a **letter of credit** or **escrow** instead.

**Who pays the bond premium — me or the landlord?**
The contractor pays the premium, but it's baked into their bid — so indirectly, it comes from your TI allowance or the landlord's budget. Negotiate who bears the cost in the work letter.

**What's the difference between a performance bond and a payment bond?**
A **performance bond** guarantees completion of the work; a **payment bond** guarantees subcontractors and suppliers get paid. They're almost always sold together as a **performance and payment bond**.

**Can I name myself as the sole obligee on the bond?**
Rarely — landlords usually insist on being the primary obligee because they own the building. But you can be named as a **co-obligee** with equal rights to claim, which is standard practice.

**What happens if the surety goes bankrupt?**
It's rare, but if the surety fails, the bond is worthless. That's why you require a surety with an **A.M. Best rating of A- or better** — these are large, regulated insurers with strong reserves.

## Sources

- National Association of Surety Bond Producers (NASBP) — performance bond fundamentals
- American Institute of Architects (AIA) — contract documents and bond forms
- The Surety & Fidelity Association of America (SFAA) — industry standards
- Commercial Real Estate Development Association (NAIOP) — tenant improvement best practices
- U.S. Small Business Administration (SBA) — construction bonding guides
- Building Owners and Managers Association (BOMA) — lease negotiation resources
- International Code Council (ICC) — construction compliance references

## Related on PULSE

- Explore more in the PULSE library.

Was this helpful?

⌬ Apply this in PULSE

Pulse CheckScore reps on the metrics that matter Gross Profit CalculatorModel margin per deal, per rep, per territory

Deep dive · related in the library

boHow do I finance a buildout if the landlord offers zero TI allowance in 2027?boShould I negotiate a penalty for the landlord if their preferred GC misses the occupancy deadline boWhat’s the average timeline for a full-service restaurant buildout approval in 2027 boHow do I structure a lease that lets me remove my specialty improvements at move-out boShould I demand the landlord provide a third-party cost breakdown for every line item in their GC bid boHow do I avoid paying for structural upgrades the landlord should cover to bring the space to code boHow do I negotiate a clause that credits my TI allowance against future rent if I underspend boCan I lock in my TI allowance amount in 2027 dollars to protect against inflation boWhat is the typical timeline for a medical office buildout with MRI slab reinforcement in 2027?boHow do I structure a lease to allow me to sell my buildout improvements to the next tenant?