A commercial building’s value is derived from its NOI (Net Operating Income), or how much lease money it generates per year, minus expenses (divided by the cap rate). Once an office building ages beyond 20-30 years, it can look worn out, dated and unattractive to prospective tenants, so occupancy can fall, and rents may stagnate.
Changing the appearance with new glass (re-glazing) or re-cladding, or even an exoskeleton can cost millions. How are you ever going to pay for that? Unless you are sitting on a solid gold location, you probably can’t.
That is where we come in. Campbell has developed a facade resurfacing system to change the existing spandrel glass, view glass, and even the metal window frames (mullions). All of this can be done for a fraction of the cost of the other options mentioned above – in fact we are often 7 to 15 times less!
Your newly revitalized building facade will attract more attention which can drive more traffic, increasing occupancy, and enabling higher lease rates. Combine that with lowered energy cost, and you have an engine for higher profits.
It all starts with a conversation, so call 800-580-9997, or click the contact button above and lets discuss how to drive your NOI through the roof.
