Competition for acquiring good tenants is fierce. There is rarely a shortage of tenants who want to occupy a good space, but good tenants want to occupy great spaces. To attract these tenants, property managers need to focus on modernizing the building.
Upgrading the tech and overall decor is one way to do this, but of equal importance is modernizing the elevators. To minimize disruption of business and tenant activities, property managers should determine the scope of the modernization, make a plan, and then execute it. Here are some tips on how to do so.
Assess the Equipment
To decide what needs upgrading, you first need to assess the elevator system you have. How outdated is it? Are any of the older parts compatible with a newer system? What is the cost estimate of an upgrade? Your current elevator company may be able to answer some of these questions. If they don’t offer modernization services, it’s best to seek out the expertise of a company that does.
Assess Current Use
Most property managers have an idea of what time elevators are most in use. However, determining the scope will require more accurate numbers. Unless a building is closed with no tenant access at specific hours, it is unwise to assume tenants don’t need the elevators at certain times. If you have several elevator banks to different floors, usage may differ for each.
Schedule the Upgrade
Not every elevator company may match the availability you need to complete the modernization process. Be sure to consider this when choosing a company to work with. You will then need to inform tenants of the upcoming upgrade at least 30 days before the start date, but preferably sooner. This gives them enough time to plan.
Good tenants appreciate the need and the benefits they will gain from a modernization, but early communication is important. Working with the right elevator company also ensures the project is completed within the estimated time. you complete the project within the estimated time. Contact Puget Sound Elevator Company by calling 425-800-8256 or emailing us today!