Overview
Transcend Equity provides development and financial services to owners of commercial office properties to enhance yield on their real estate investments.
Problem Encountered
One of our client’s major tenants is a financial institution with critical operations housed in several of our client’s older buildings. Of particular concern was the condition of the HVAC systems in these buildings, which were approaching the end of their useful life. Anxiety over the reliability of these systems led the tenant to consider relocating their operations to other facilities that could better guarantee their continuity of business.
Our Solution
Through MESA, Transcend Equity replaced the HVAC systems serving the buildings without disrupting any of the tenant’s operations or burdening the operating staff. As part of the system modernization, Transcend Equity also provided fully redundant system capacity to areas serving the critical operations to better protect the tenant from system failure.
Results
Transcend Equity’s improvements alleviated the tenant’s continuity of business concerns. By implementing these improvements through MESA, our client was able to retain a key tenant without sacrificing investment yield.
Related Links
Transcend Equity
Wikipedia
