Whether you are a building owner, property manager, REIT manager—or if you are questioning whether a building purchase makes financial sense—it’s important to anticipate how the property will perform over time. For retail, multi-family, office or industrial properties, the best solution is to assess, plan and budget for the future. A Capital Needs Assessment analyzes….
Commercial News
Commercial Building Inspections: Why You Should Hire an Engineer Versus a Building Inspector
For every real estate transaction that you are involved in—chances are—as part of the due-diligence process you are hiring a commercial building inspection professional to inspect the property. This is a helpful and valuable service that you routinely recommend to clients any may be required by lenders, however if the inspection is not done objectively….
A Pre-Lease Property Condition Report Pays For Itself!
Criterium Engineers provides the straightforward evaluation required for an extensive Pre-Lease Property Condition Report (also referred to as a property condition assessment) for clients looking to lease buildings of all sizes. They are especially useful for Triple-Net Lease negotiations. Be Informed! Investing in due diligence and being an informed lessee provides greater confidence in the….
Accelerate Depreciation for Your Commercial Real Estate
What property types benefit most from accelerated depreciation with a Cost Segregation Study? Many of the costs embedded in a new or existing building can be segregated into categories that also allow for more rapid — or accelerated — depreciation. Many items inside the building – furnishings, fixtures, flooring and the like – can be….
Paving Isn’t Sexy: But Proper Maintenance is Essential
Engineering Advisor | Volume 26, Number 1 When was the last time you thought about your parking lot? The honest answer, probably, is not in recent memory. It’s not a question of ‘out of sight –out of mind.’ Parking lots and other paved areas are highly visible, but they aren’t all that interesting. There is nothing….