The post you are about to read is based on a factual account to resolve information received from a mechanical contractor in direct contradiction to that provided by the equipment supply manufacturer for two large package rooftop units (RTUs) serving a 2-story healthcare facility in a north suburb of Chicago.
This month's blog post provided courtesy of 'Orr Protection Systems', America's preeminent fire protection company for businesses with mission critical fire protection (MCFP) operations. Simply click on the title above to go to the page to read the video transcript taken during the MCFP Virtual Conference series.
The post you are about to read represents a factual account of a property condition assessment (PCA) recently completed for a commercial real estate property consisting of a multi-tenant industrial office and warehouse building located in a far northwest suburb of Chicago. Also please note due to extenuating circumstances ...
This month's blog post provided courtesy of 'Simplified Safety', a leader specializing in the design and manufacturing of fall protection safety products designed specifically for commercial and industrial real estate. Simply click on the title above to go to the page to read the entire article. Enjoy.
Once you have acquired a clear understanding of what constitutes a baseline PCA performed according to ASTM E2018-15 Standard for Property Condition Assessments (PCAs), there will undoubtedly come a time when a baseline PCA appears to be unable to provide a reliable assessment of the property under consideration due to ...
This month's blog post provided courtesy of 'Simplified Safety', a leader specializing in the design and manufacturing of fall protection safety products designed specifically for commercial and industrial real estate. Simply click on the title above to go to the page to read the entire article. Enjoy.
If you happen to be responsible for the care and maintenance of the HVAC system for a commercial property you presently own or lease, based upon what we have witnessed in conducting commercial property condition assessments over the years, unless there exist some serious ongoing HVAC issues requiring immediate attention or repair, we can almost assure you that in the absence of a mechanical HVAC service maintenance contract agreement.....
Based upon what we have witnessed in conducting commercial property condition assessments (PCAs) and commercial property roof inspections over the past 30 plus years, we can definitely state without reservation that 'An Ounce of Prevention is Worth a Pound of Cure' meaning that a commercial property owner or real estate investor is much better off adopting a proactive as opposed to a reactive approach when it comes to maintaining a commercial property that in many cases....
As Triple Net Leases continue to gain popularity over the years in more ways than one, especially when it comes to placing responsibility for the cost of maintenance and repairs on the tenant in addition to property taxes and building insurance in exchange for a lower rent compared to a standard lease, the question still remains as to whether or not a triple net lease is really the Panacea it claims to be for commercial property real estate owners and investors....