In much of commercial and industrial construction, one has to deal with and work around structural columns ando/or load bearing walls that really can’t be moved, unless one’s budget truly is unlimited.
Fortunately, the commercial building featured in today’s video was built (in 1986) with clear span steel framing and expanded (in 2011) with the same type of construction.
It would have been easy for my predecessor (in 1986 – I was in 6th grade then!) to cut corners and reduce the superstructure size and cost. It would have been easy for me to have cut corners in 2011. (I remember the discussion…Broker: “I have two interested tenants…you have 4,800 leasable square feet and one of them needs all of that.” Me: “Great, let’s put an addition on the building and rent to both of them!”)
And that we did, but we didn’t cut corners or cheapen the design or construction technique. And that is the primary reason that I am able to (fairly) easily convert a former nuts-and-bolts showroom into a new physical therapy center in 2022.
Let me know if you have any questions about this topic or others mentioned within.
Enjoy!
Until next time,
Dr. Lee Newton
How A Doctor Learned To Develop Real Estate
- Learn the consequences of delegating your real estate and construction decisions to others
- See for yourself how a physician cracked the code to success and profitability in real estate development
