Landlord splitting a cost with the renter? I about spit my coffee out. While that’s true with residential housing (where the landlord pays all of the bill) it

Landlord splitting a cost with the renter? I about spit my coffee out. While that’s true with residential housing (where the landlord pays all of the bill) it is not at all like that in commercial real estate. I’ve worked at a number of startups where we needed an improvement. Electrical, computer wiring, knocking down a wall between two adjoining units that are now one. Not once has the landlord even offered to pay for any of it. They can do this as they hold all the cards. Employers or shopkeepers need a physical space. There’s a limited amount of it in a desirable area. Ergo they can get away with it. This isn’t true in residential as there is always more inventory coming online. Plus people will decide to move farther away. You can’t easily do that with a business. What this does mean is that when opening a restaurant look for a place that previously had a restaurant in it and use their improvements. You’ll probably get a deal from the previous failed one to buy the movable equipment.