How Similar is An Office Space Build Out To A Full On Development?

[Tony Nguyen]

I have a 12k SF gutted office space available for lease in a great part of town. When we go to build it out, there will be permits, the city, engineers, architects, etc involved. I've had empty spaces built out a few times already, but have always wondered are there similarities between building out an empty space compared to a ground up development.

I am sure there are a ton more issues involved with ground up developments, but just wanted to see what could be noted here - thanks!