Unlocking Building Value Through Repositioning
Within the last decade the opportunities for commercial building repositioning has been historically noted by many developers. The opportunities created by market conditions can be a real win for communities and investors.
Market conditions are forcing many owners of slightly older Class-A and B properties, like CNA, to reposition their buildings. A well-orchestrated repositioning strategy, however, will add significant value to a building’s bottom line and allow it to compete head-to-head with newer buildings — retaining tenants and attracting a larger pool of potential users states Rick DuPraw and Greg Gerber in this article Unlocking Building Value Through Repositioning.