Representative Matters

Phased Tenant Buildout Agreement with Liquidated Damages

We represented an investor and real estate developer to negotiate an AIA Document A101-2017, Agreement Between Owner and Contractor where the basis of payment is a Stipulated Sum, for $1.8 million phased tenant improvements, including landlord-obligated work and subsequent tenant-specific build-out, for a swim school. Given the criticality of meeting lease deadlines, the agreement included liquidated damages provisions.

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Contact

Contact Jeremy S. Baker, a Chicago-based design and construction attorney who served at “big law” firms for nearly 18 years before launching Baker Law.

Phone Number (312) 621-7184

Baker Law, Design & Construction Counsel

Baker Law, Design & Construction Counsel N/a
Address Cook County Office 33 N. Dearborn,
Suite 1000
Chicago, IL 60602
Office meetings by appointment only.
(312) 621-7184
Address Lake County Office 790 Estate Drive,
Suite 200
Deerfield, IL 60015
Office meetings by appointment only.
(312) 621-7184