New Construction, Tenant Improvements, and Redevelopments. PECO will perform the following duties for construction of Improvements on undeveloped land (“New Construction”) and for construction of Improvements that are to be made at the direction of, or in conformity with lease obligations to, tenants (“Tenant Improvements”) or for the improvement to Improvements that change the size or nature of such Improvements or for the redevelopment of Improvements (collectively, “Redevelopments”):
Appears in 8 contracts
Samples: Leasing and Construction Management Agreement (Phillips Edison Grocery Center REIT III, Inc.), Leasing and Construction Management Agreement (Phillips Edison - ARC Shopping Center REIT Inc.), Leasing and Construction Management Agreement (Phillips Edison - ARC Grocery Center REIT II, Inc.)