One of the reasons for the success of W&H Properties is that it is one of the few full-service, turn-key brands. Our approach allows for a seamless process - from the initial space tour to lease execution, from construction to tenant move in. Our experienced on-site management team not only handles leasing, marketing, legal and accounting, but can also provide you with space planning and construction management services.
Although some tenants prefer to lease space that is already built, others prefer to participate actively in the design and construction process. Tenants who want this option but don't want to cope with the aggravation of overseeing the actual construction can turn to W&H's on-site team, which will manage the all the details of the construction process.
The benefits of this method are many, points out Fred C. Posniak of W&H. "You have control over the design specifications, while avoiding the hassles of finding and hiring a construction contractor, getting plans approved, and monitoring the work - all of which are extremely time- consuming tasks that require a great deal of focus and commitment. On-site building management at each of the W&H Properties has expertise in office construction, and can save you time and money more effectively applied to your business operations."
The good news for tenants who choose this option is that, in many cases, construction implemented by W&H is mostly covered by the tenant work allowance in the lease. If you choose to use it in this way, you can rest assured that the resulting construction work will meet the highest standards of quality and efficiency. W&H construction teams have extensive experience and are known for their professionalism. By leaving the construction in their capable hands, you can not only avoid the hassles of arranging and overseeing the process, but also have confidence in the result.
Several tenants with vastly different space sizes and design requirements have chosen this option in recent months. Lufthansa is one such tenant; W&H built out the airline giant's 5,516-square-foot space on the 27th floor of the Empire State Building. Another tenant in the building, the financial consulting firm Goldin Associates, had W&H build out its 10,577-square-foot space on the 18th floor. And at 1400 Broadway, W&H is building out a 13,100-square-foot space on the 12th floor for Federal Knitwork Corp., a fashion manufacturer.
"One size clearly does not fit all when it comes to airline, financial and fashion tenants," notes Mr. Posniak. "They have different corporate structures, customers, vendors and business partners, and their space requirements are unique. Furthermore, each firm has its own unique corporate culture. That's why we work so closely with our tenants on build-out projects. We want to ensure that all of these variables are reflected in the finished product."
For more information on build-outs and whether they're right for you, please contact the leasing agents listed here. They will be happy to tell you more about this process.
Top-Tier Companies Flocking to W&H Properties' Full Floors | 1400 Broadway Becomes the Fashionable Choice for Top Apparel Firms |
W&H Expands Successful Pre-Built Program | Tenant Profile: Skanska | Show, Lease & Win | Spaces in the Spotlight | Community Activities Update | Heard in the Hallways | New Uniforms for ESB Employees | Employee Profile: Frank Scaffa, Director of Operations at 60 East 42nd Street |
Retail on the Radar: Big-Box Retail Opportunities in Herald Square | Good News for Coffee Lovers | Neighborhood News: Grand Central District | Tenant's Corner | Leasing Update | Update on Upgrades | Tenant News | Comissions Available to Pay at W&H Properties |
Q&A with Michael Beyda, President of Benchmark Properties |
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