JLL - U.S. and Canada Fit Out Guide: Office Cost Benchmarking Report

JLL - U.S. and Canada Fit Out Guide: Office Cost Benchmarking Report

May 2019

This is the third generation of JLL’s U.S. and Canada Office Fit Out guide. It is the result of a powerful combination of JLL Project and Development Services (PDS) Business Intelligence and JLL Research. The guide is powered by data from more than 3,600 real-world office fit out projects.

We understand that occupiers are faced with complicated choices when deciding on the office that fits them best. To provide context for your real estate decisions, this guide includes a cost matrix representing different style and quality levels, an analysis of trends in tenant improvement allowances and an examination of how tenants use and plan their spaces.

It is important to note that this guide is not intended as a cost estimating tool and is based on the average fit out costs across a wide variety of projects managed by JLL PDS. Accordingly, the baseline project costs in this guide represents an average fit out that would be found in a Class A office building in each respective market.

Keywords: cost, office, workplace, benchmarking

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