Raw Space
Unfinished Office & Commercial Spaces
What is Raw Space?
A raw space is an unfinished commercial unit that lacks basic interior features such as flooring, ceilings, lighting, or HVAC systems. These spaces typically consist of four walls and an entrance, offering tenants complete creative control over the build-out and design.
📌 Raw offices provide a blank canvas for businesses looking to customize their workspace.
Types of Raw Office Leases
1️⃣ Shell Lease
✔ The tenant leases an unfinished space and is responsible for the interior build-out.
✔ Ideal for businesses that want full control over layout, design, and finishes.
✔ Commonly found in new office buildings, retail storefronts, and lofts.
2️⃣ Build-to-Suit
✔ The property owner constructs and customizes the space based on the tenant’s needs.
✔ Typically offered for long-term leases (5-10+ years).
✔ Ensures the space is move-in ready with all required features.
📌 Both lease types allow businesses to create a space tailored to their unique needs.
What’s Included in a Raw Space Lease?
📌 Negotiations between the tenant and landlord typically include:
✔ Build-Out Responsibilities – Who covers costs for construction, plumbing, electrical, etc.?
✔ Work Allowance – Will the landlord provide an improvement budget (TI Allowance)?
✔ Permitted Modifications – What changes must be removed at lease termination?
📌 Each lease is unique—understanding rental terms are crucial before signing an agreement.
Advantages of Leasing a Raw Space
🔹 Full Customization – Design your office from the ground up.
🔹 Cost Savings – Choose materials and finishes that fit your budget.
🔹 Modern Aesthetic – Many businesses prefer industrial, loft-style raw spaces.
🔹 Flexible Layouts – Optimize space efficiency and workflow.
📌 Office units pending construction are perfect for tech startups, creative agencies, and growing businesses that want a custom-built office.
Finding the Right Raw Space in Manhattan
✔ Looking for an unfinished loft space for a modern office build-out?
✔ Need a build-to-suit lease option for a long-term headquarters?
✔ Want a raw retail space with full customization potential?
📞 Contact us today to explore Manhattan’s best raw office options!
📌 As tenant brokers, our services are FREE to tenants—we help you find the right space with no obligation or cost.
