A term for the design and construction activity that delivers a completed space to the tenant is:

• A. New construction
• B. Space delivery projects
• C. Demolition
• D. Exterior renovations

Answer: (B)

The main idea is the process of turning a designed space into a finished, ready-to-occupy environment for a tenant. That full sequence—planning, design, construction, and handover of an interior space that meets the tenant’s needs and lease requirements—is best described as space delivery projects. It focuses on delivering a completed interior, including layout, finishes, fixtures, and necessary mechanical and electrical work, so the tenant can move in.

This differs from new construction, which is about building a structure from the ground up and may not always be tied to delivering a specific tenant’s interior. It also differs from demolition, which is about removing existing parts, and exterior renovations, which involve changes to the building’s outside rather than the interior space being handed over for occupancy.