Tenant Improvement Costs by Segment and Market
Generation 1: U.S. Most Expensive Markets
Segment Cost by Market
Segment Cost Composition by Market
$0
$50
$100
$150
$200
$250
0%
20%
40%
60%
80%
100%
San Francisco San Jose Seattle New York City Boston Lower CT Los Angeles Portland San Diego Chicago Sacramento Denver Baltimore Philadelphia Orange County Charlotte San Antonio Miami
San Francisco San Jose Seattle New York City Boston Lower CT Los Angeles Portland San Diego Chicago Sacramento Denver Baltimore Philadelphia Orange County Charlotte San Antonio Miami
$0 $20 $40 $60 $80 $100 $120 $140 $160 $180 $0 $20 $40 $60 $80 $100 $120 $140 $160 $180
$0 $20 $40 $60 $80 $100 $120 $140 $160 $180 $0 $20 $40 $60 $80 $100 $120 $140 $160 $180
Dom. Republic Costa Rica Guatemala Argentina Peru
Dom. Republic Costa Rica Guatemala Argentina Peru
Dom. Republic Costa Rica Guatemala Argentina Peru
Dom. Republic Costa Rica Guatemala Argentina Peru
Tampa Atlanta Raleigh
Tampa Atlanta
Arch. Millwork
Arch. Millwork
Contingency
Contingency
Arch. Millwork
Arch. Millwork
Contingency
Contingency
Doors, Frames, Hdwr
Doors, Frames, Hdwr
Drywall, Acoustic, Carpentry
Drywall, Acoustic, Carpentry
Doors, Frames, Hdwr
Doors, Frames, Hdwr
Drywall, Acoustic, Carpentry
Drywall, Acoustic, Carpentry
Electrical
Electrical
General Requirements, General Conditions & Fee
General Requirements, General Conditions & Fee
Electrical
Electrical
General Requirements, General Conditions & Fee
General Requirements, General Conditions & Fee
General Finishes
General Finishes
Mechanical, Plumbing, Fire Protection
Mechanical, Plumbing, Fire Protection
General Finishes
General Finishes
Mechanical, Plumbing, Fire Protection
Mechanical, Plumbing, Fire Protection
Misc. Architectural Trades
Misc. Architectural Trades
Misc. Architectural Trades
Misc. Architectural Trades
Source: Cushman & Wakefield Project & Development Services
Source: Cushman & Wakefield Project & Development Services
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Cushman & Wakefield
Office Fit Out Cost Guide 2026
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