by rachelsmama on September 24th, 2007

rachelsmama

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What is a "vanilla shell" in commercial real estate?

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  • by Kathleen Howard on July 21st, 2009

    Kathleen Howard

    While there is some gray area to this definition, Vanilla Shell or Plain Vanilla Shell usually means that the landlord is offering to deliver a suite or interior space in a retail or office environment with minimal improvements as follows: Dry wall is intalled and painted white; HVAC units are installed but most times not ducted; restroom is installed or available; and some electrical might be distributed.

    Flooring, dropped ceiling and/or finishes; interior walls/partitions, etc and all other remaining improvements are open for negotiation.

    Follow me on Twitter www.twitter.com/kathleenhoward

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