Over time, buildings become tired and dated, leading to low occupancy and high energy costs. Through modern materials and design, Surface 9’s building reimaging services can renew your edge in the marketplace by improving your building’s performance, appearance, and NOI.
A commercial building’s value is derived from its NOI, or how much lease money it generates per year (minus expenses). Once an office building ages beyond 20-30 years, it can look dated and unattractive to prospective tenants. When this happens, occupancy can fall and rents may stagnate.
Surface 9 has developed a facade resurfacing system to alter the existing spandrel glass, view glass, and even the metal window frames. All of this can be done for a fraction of the cost of the other options mentioned above – in fact, 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.