Maneuvering the Complexities of Aging Commercial Office and Industrial Properties

on June 9, 2020

By Christina Martin, Director of Property Management and Shaun Comer, Director of Engineering, Edge Property Services Group

The protocols for executing preventive, pro-active and on-going maintenance strategies on aging commercial office and industrial strategies (defined for these purposes as delivered in the 1970s and earlier), vary widely for those considered more modern based on the age and quality of mechanical systems, overall design issues and the wear and tear toll taken on assets that have existed for 50 years or more. These issues are now increasingly timely given the impact of the COVID-19 crisis on buildings that are experiencing reduced usage or closures.Edge Property Services Group recommends the first course of option to partner with an experienced commercial real estate services firm that is well versed in mitigating operating costs and extending the useful life of the asset.

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Miranda VanGilderManeuvering the Complexities of Aging Commercial Office and Industrial Properties