CREJ

April 2018 — Property Management Quarterly — Page 31 www.crej.com READ THE NEXT EDITION: Wednesday, July 4 RESERVE YOUR SPACE BY: Wednesday, June 13 AD SIZES: Quarter Page $395 Half Page $595 Full Page $995 Full Color $200 Additional Frequency Discounts Available. While the Colorado Real Estate Journal continues to run a multifamily news section in each issue of the newspaper, Property Management Quarterly features the most interesting projects and people, trends and analysis, and covers all commercial property types. The publication is mailed with the Colorado Real Estate Journal newspaper, a 3,500 plus distribution that includes developers, investors, brokers, lenders, contractors, architects, property managers and building operating service & supply firms. 20 that the costof laborhas goneup 10 ar for thepast painful,both forprimeand sub- contractors.All contractors started ally cuttingback their labor August 2015 How construction costs could affect your next project Photo courtesy i2 provementprojects or commonareaupgrades,propertymanagers shouldbudget15 to20percentmore than theywouldhavebudgeted for the sameproject in2013.  Market Reports  Development & Investment Updates  Design & Construction Trends  Corporate Real Estate  Legal Updates  Best Practices  and more ADVERTISING Lori Golightly | 303-623-1148 x102 | lgolightly@crej.com SUBMIT EXPERT ARTICLES Michelle Askeland | 303-623-1148 | maskeland@crej.com MEDIA KIT & SAMPLES crej.com/PropertyManagement support NZE projects as a means to meet carbon reduction targets. (Boulder has a target to cut carbon 80 percent by 2050.) The guide posits that everyone in the building sector has an important role to play. Armed with a strong business case and ready-to-imple- ment recommendations, actions and supporting contracts, landlords, developers and tenants should start conversations with their internal teams on ways to harness NZE in their own portfolios in current or future projects, leveraging the sup- port of first movers and the resourc- es they have provided to nudge the rest of the industry forward. RMI’s goal is that as NZE buildings become more widespread through- out Colorado, commercial buildings will tell a powerful story about how the state’s real estate community elevated economic and environ- mental leadership to new heights – thanks to a piece of paper. ▲ Vaughn Continued from Page 10 thanks to energy-efficiency improve- ments. These case studies and other resources on how to improve build- ing energy efficiency can be found in the Resource Center at denvergov.org/ energizedenver. Measuring and publishing energy performance scores marks a major milestone toward achieving the city’s goal of reducing greenhouse gas emis- sions 80 percent below 2005 levels by 2050. Denver’s large buildings emit 57 percent of the city’s greenhouse gas emissions, and Energize Denver aims to reduce energy consumption by large buildings by 30 percent by 2030. Other cities with benchmarking and transparency requirements have seen 2-3 percent energy savings each year by covered buildings. This year, Energize Denver will update the interactive map with cal- endar year 2017’s energy performance data, which will include all buildings 25,000 sf in size and larger. This will continue to drive energy-efficiency improvements in Denver through the well-informed business decisions of building owners, managers and tenants. ▲ Managan Continued from Page 12 when it comes to future changes. Metal clad buildings, which we see an abundance of in our market, often the silver- or black-finished office and flex properties, also present potential investors with sometimes deal-break- ing cost assumptions when it comes to replacing the faded, weathered panels, standing-seam metal roofs and window mullions. Again, there are solutions including field-applied “factory finish” coatings such as PPG Coraflon that, while not inexpensive, is a fraction of the cost of replacement and provides a 30-year durable finish that allows for complete design flex- ibility. Because of this long life span, these types of renovations may be treated as a capital expenditure ver- sus maintenance costs, allowing own- ers to amortize the expense over time. These alternatives, among others, are good news for owners and inves- tors who have held, acquired or are considering properties of various vintages, assuming that there were limitations in terms of value potential given the rising costs of renovation. Whether the goal is to extend a build- ing’s lifecycle, better position an asset for resale or to move into a more prof- itable leasing category, the possibili- ties are much greater than in previous cycles. ▲ Diaz Continued from Page 18 ice and snow in low temperatures down to negative 12 F. However, these deicers often cost more and have limited availability. • Calcium magnesium acetate . CMA is made up of acetic acid and dolomitic lime. The product is sometimes used to coat other ice melts. Unlike other ice melts, calcium magnesium acetate is a newer product that does not contain chloride. The chemi- cals work together to prevent snow particles from sticking together or to the surface, so it doesn’t form a brine. However, the product is effec- tive only to 20 F. Instead, this means that its ability to prevent refreezing surpasses its ability to melt snow and ice. And, calcium magnesium acetate tends to leave behind a slush whenever it is used. • Ice Slicer. This product has the advantages of being put together by nature. Nature has imparted Ice Slicer products’ unique blend of natural chlorides outperforms liquid anti-icing chemicals and rock salt. It is a homogenous (not blended) prod- uct containing naturally occurring minerals, such as: complex chlorides (magnesium, calcium, sodium and potassium chloride), sulfur, iron, iodine, zinc, copper, manganese, phosphorous and 50-plus trace min- erals. It contains natural corrosion inhibitors and environmental buffers crystallized within each granule, not simply sprayed on the surface. These products melt down ice and snow to 5 F, a full 10 degrees lower than regular road salt. Its “reddish” color accelerates ice melt by absorbing 50 percent more of the sun’s radiant energy than white deicing products. It also delivers enhanced traction, which eliminates the need for sand, thereby significantly reducing sedi- ment loading in nearby wastewater plants and streams. In summary, in order to buy the right product, you must select a product that best suits your prop- erty’s climatic conditions and aver- age low temps. This means you will need less of it. The product you buy should also depend on addressing whatever is your main concern: peo- ple, landscape, sidewalks or park- ing areas. In many cases, it’s worth paying a little more upfront to offer better protection of the people and building assets. ▲ Knost Continued from Page 22

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