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Increase the Marketability of Your Commercial Property

12 May Posted by in Blog | Comments
Increase the Marketability of Your Commercial Property
 

If you are looking to buy or sell a commercial property, it is extremely important to ensure that the property meets seismic safety standards.  In fact, if you are looking to secure a commercial loan to purchase a property, you will need to ensure that the property meets seismic safety standards.  In order to make certain that older commercial properties are considered earthquake safe (strong enough to withstand a powerful temblor), a thorough inspection will need to be performed by experienced seismic retrofit professionals.  Depending on the inspection results, the following steps may need to be taken:

  • Repair or strengthen the structural elements of the property.

In many cases, this means decreasing the load on key support beams that are overloaded with heavy rooftop equipment or replacing and strengthening beams that are sagging to ensure that the roof does not collapse.  Often, an inspection will find that the pattern of roof nailing will also need to be adjusted or repaired to guarantee that the structure is strong enough to handle unexpected seismic activity.

  • Ensure that roof condensation issues are properly addressed.

During the building inspection, a thorough examination of the roof should be performed.  Roof condensation issues are often an issue in concrete tilt-up buildings, especially those with a panelized roof system.  When moisture forms in the roof, it is trapped by radiant barriers or foil insulation.  Over time, when moisture issues are not resolved, the entire building is slowly destroyed.  Untreated moisture makes the roof very heavy, causing it to collapse during an earthquake.

  • Secure all non-structural items.

This includes securing sprinkler systems, ceiling grids, gas lines, light fixtures, computer equipment, shelving and rack systems that store merchandise and equipment and large equipment in manufacturing plants.

  • A seismic retrofit should be completed on commercial buildings that were built before the mid-1980s.

Installing steel brace frames, along with adding continuity ties and roof-to-wall anchors, will strengthen commercial properties, helping them withstand minor tremors and powerful quakes.  California experiences regular tremors that can weaken structures over time.  As history has proven, unreinforced masonry buildings are not often stable when the ground begins to shake.  There are a number of measures that can be used to reinforce a building, such as strengthening walls with steel tubes or fiber wrapping.  Professional seismic retrofitting contractors take many things into consideration when retrofitting a building, including the type of building structure, the construction measures used, current state and local building codes and the topography of the surrounding area.  Each retrofitting project is designed based on the unique requirements of the structure.

Of course, seismic retrofitting a commercial property increases building safety; it also raises the marketability of the building.  In fact, lenders typically do not see earthquake-safe buildings as a risky investment and insurers often reduce the price of earthquake insurance once a building has been through a seismic retrofit.

If you would like more information about seismic retrofitting and are interested in increasing the safety and marketability of your commercial property, make a call to Saunders Commercial Seismic Retrofit California today.

Southern California Office

(949) 646-0034

Northern California Office

(408) 267-3876

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