Evaluating Property Features That Boost Value

Sustainability isn’t just a 𝘵𝘳𝘦𝘯𝘥—it’s an 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 in your building’s future. Sustainability is no longer just a buzzword—it’s a powerful driver of property value. Buildings with green certifications, like LEED, have been shown to command 𝘩𝘪𝘨𝘩𝘦𝘳 𝘳𝘦𝘯𝘵𝘴, 𝘭𝘰𝘯𝘨𝘦𝘳 𝘭𝘦𝘢𝘴𝘦𝘴, and 𝘪𝘯𝘤𝘳𝘦𝘢𝘴𝘦𝘥 𝘳𝘦𝘴𝘢𝘭𝘦 𝘷𝘢𝘭𝘶𝘦. In fact, a study by the U.S. Green Building Council found that green buildings can see up to a 𝟲.𝟱% 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 in property value, compared to their non-green counterparts. By investing in sustainable features—such as energy-efficient systems, water conservation measures, and eco-friendly building materials—not only are you reducing your building’s environmental impact, but you’re also adding tangible value that appeals to today’s tenants and buyers. For example, a property we worked with saw a 𝟭𝟱% 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 in rent and an 𝗲𝘅𝘁𝗲𝗻𝗱𝗲𝗱 𝗹𝗲𝗮𝘀𝗲 𝘁𝗲𝗿𝗺 after implementing energy-efficient upgrades and showcasing their sustainability efforts. These changes helped the building stand out in a competitive market and made it more attractive to eco-conscious tenants. What sustainability features do you think drive property value the most? #Sustainability #GreenBuilding

Elevate Your Commercial Property with the Right Amenities! 🌟 I often hear this from my office-owning clients: ""What amenities can I add to attract more tenants? If only there were a one-size-fits-all answer! The reality is more nuanced—the secret lies in understanding the demographics of your area and the potential employees who will work there. What appeals to accountants can differ greatly from what excites programmers. Similarly, the preferences of someone at the start of their career can be vastly different from those nearing retirement. Universal Must-Haves: - High-Speed Internet 📶: Essential for all modern businesses. - Convenient Access and Parking 🚗: A critical factor for daily commuting ease. - Green Spaces 🌳: Though not always immediately recognized, green spaces are psychologically calming and enhance overall tenant satisfaction. Demographic-Specific Amenities: - Fitness Centers 💪: A big draw for younger, health-conscious employees. - On-Site Dining Options 🍽️: Convenient and varied food choices can cater to busy professionals. - Advanced Conference Rooms 🖥️: Perfect for tech-heavy businesses needing top-notch meeting spaces. Pro Tip: Before diving into upgrades, ensure you have a solid understanding of your target demographic or a committed tenant. Misjudging could lead to significant financial loss if the added amenities don't align with tenant needs. Want to learn more about making your commercial property irresistible to tenants? Let’s connect and explore tailored strategies to boost your property's appeal!

You’d be shocked sometimes it’s the simplest little things that make a property perform better … Landscaping can be of enormous value. Its often one of the most overlooked in retail real estate. Do so at your own peril. It’s sounds crazy to those not in retail real estate - but poorly placed trees, oversized berms, or overgrown ugly shrubs in a landscaping plan can hurt property value. It went unnoticed when it was first developed because they were tiny and thin trees along the frontage. 10 or 20 years later they are lush and there’s way too many of them and the visibility is now completely gone. Vacancies rise. Rents fall. Value down. I love high quality, robust landscape design. It creates warmth, character, adds color and energizes a property. Great planters, well placed trees, wild flowers and ornamental grasses can be huge assets to a property. BUT - you have to be methodical, strategic, and careful with it. Do not underestimate it or dismiss it to “whatever the designer wants”. Trees in particular. Once it’s in, a lot of municipalities won’t let you change it. Or will make it very difficult for you to change it. Imagine your dream tenant says “we will take the vacant space only if you take down all those trees and the brush”, but the city won’t allow it. Nightmare. Strip centers are the business of visibility, convenience, parking, access and traffic. Landscaping can make or break that. The little details matter … SullivanHayes Group #realestateinvesting #landscapedesign #architecturestudent #archilovers Geoff Fitzgerald Chris Milliard, AIA, NCARB Kimco Realty Corporation Federal Realty Investment Trust