Risk that fit-out construction permits delay occupancy.

Risk that fit-out construction permits delay occupancy.
Major US cities (NYC DOB, SF DBI, LA LADBS) routinely run 6–12 weeks for office permits.

Permitting risk

Construction · US

Short definition

Risk that fit-out">fit-out construction permits delay occupancy.

Full definition

Major US cities (NYC DOB, SF DBI, LA LADBS) routinely run 6–12 weeks for office permits. Build into the schedule and confirm rent commencement is post-CO, not post-tender.

Why this matters for Class A leasing

Permitting risk is part of the construction vocabulary that institutional Class A occupiers, landlords, and advisers use across US markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks the US definition alongside the global standard so cross-border occupiers can translate quickly.

Risk that fit-out construction permits delay occupancy.

Risk that fit-out construction permits delay occupancy.
Major US cities (NYC DOB, SF DBI, LA LADBS) routinely run 6–12 weeks for office permits.

Permitting risk

Construction · US

Short definition

Risk that fit-out">fit-out construction permits delay occupancy.

Full definition

Major US cities (NYC DOB, SF DBI, LA LADBS) routinely run 6–12 weeks for office permits. Build into the schedule and confirm rent commencement is post-CO, not post-tender.

Why this matters for Class A leasing

Permitting risk is part of the construction vocabulary that institutional Class A occupiers, landlords, and advisers use across US markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks the US definition alongside the global standard so cross-border occupiers can translate quickly.