Landlords of larger loft buildings will typically build out a space on behalf of a new tenant if the lease term is at least 3 years. Many loft spaces on the market are completely open and empty. In order to rent those spaces, landlords are incentivized to offer a buildout. They will offer a more elaborate and costly buildout if the lease term is 5 years or longer. For shorter leases of 2-3 years, the landlord will usually paint the space and install new carpets, but they will not provide structural improvements such as the construction of private offices.