High demand for medical office buildings gives landlords and owners of these spaces opportunities to optimize lease terms and implement cost-saving initiatives by amortizing capital investments back to them, according to a new report by Colliers.
This is particularly viable for energy-saving projects such as installing LED lighting, BAS enhancements, and HVAC equipment upgrades. All are bill-back investments landlords may include in their leases.
This may also work for high-usage equipment or running after-hours HVAC.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.