In the construction industry the term “Build-Out” is used when a building owner or tenant decide to retrofit their warehouse or office space for a new specific use. An example of a build out would be when a client is interested in leasing a commercial building but needs to make some changes in order for them to operate correctly out of this location. The building owner would then work with the tenant and the commercial contractor to retrofit or renovate the space to their clients needs. Project details would include adding offices, docks, new lighting, paint, lunchrooms, break-rooms, etc. The tenant provides their needs, the building owner approves the work, and the contractor performs the Build-Out.
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