Knowing where Development Problems might arise is the first step for prevention Smart people learn from their mistakes, but the really sharp also ones learn from the mistakes of others. On development projects one cannot afford to make too many mistakes. Big ones or enough small ones […]
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Typically the most significant capital expenditure for the property, replacement of a chiller and its associated piping necessitates skilled planning, scheduling, and smooth work flow. As the Owner and/or property manager you cannot afford hiccups, changes, and interruptions while replacing this equipment – too much is at […]
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Subdividing to sell a portion of property can sometimes necessitate site improvements for preserving the use or future usability of the remaining land. A private road for example or underground utilities might have to be constructed, which is often made the buyer’s obligation as part of the […]
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Disputes over the quality of work, more often the product installations in particular, unfortunately arise because of differing expectations and opinions with construction specifications. The Owner expects high quality for guaranteed product performance and durability, while the Contractor may challenge the Owner’s expectations as exceeding contract requirements […]
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You’ve run the numbers, drafted your preliminary leasing plan, backed into an allowable construction cost from the pro forma (as well as acquisition cost, if applicable), and now it’s time to test your assumptions on the repositioning investment with a thorough building assessment. The anchor tenant, whichever […]
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A lot of time and money is invested in various types of flooring materials as part of the interior design theme for nearly all office and retail spaces. Unfortunately it can all be in vain because of latent subfloor conditions. Most all commercial buildings have concrete subfloors: […]
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