Questions to Ask a Commercial Architect Before Hiring Them

Posted on March 12, 2021 by bafcorp20

When you have a commercial build in mind, whether a new construction project or a space conversion, you will need a seasoned architect to bring your vision to life. But before you make the contractual commitment and hire an architect for your commercial project, be sure you know the important facts. Continue reading to learn the top questions you should ask a commercial architect before hiring them for the job.

Indianapolis Indiana Commercial Architects 317-253-0531

Commercial Architect Interview Inquiries

When you are on the market for an architect to help you design and build a new or existing commercial space, you want to make sure you get the right professional for the job. In order to do this, you will need to do your research, set up some interviews, and get to know each one by asking them a series of relevant and important questions.

Which questions should you ask an architect during the interview process? Start with these:

What Strategies Do You Use to Stay Within a Project’s Budget?

Your budget is very important, and should also be important to your contractor. A good architect can develop a thorough budget analysis that will render a very close estimate to the final cost of the project.

Do You Have a Portfolio of Previous Work Related to My Project?

You always want to see what the architect can do, making a portfolio review an important part of the hiring process. You can get an idea of the scope of their abilities, giving you more confidence in moving forward with their services.

Can You Provide Some Recent References?

Along with reviewing an architectural firm’s portfolio, you also want to read through at least 3 or 4 references, and even more reviews of past projects, clientele, and business ventures. This will give you an idea of how professional they are and what kind of reputation they have in the industry.

Do You Foresee Any Difficulties With My Project?

A good architect will be able to anticipate which areas or elements of a commercial project might pose some challenges, why they might pose such challenges, and how to combat or mitigate them. So, do not be afraid to ask if anything pops out at them.

Are My Construction Needs Possible Within My Budget?

A skilled and experienced architect will be able to review your commercial construction needs and overall vision, and then tell you whether or not it is feasible. Be sure to ask your interviewee if they think your idea is possible and within budget.

What is Your Management Style on the Job?

Ask your architect how they manage their teams and the overall project. Ideally, you want your architect to be your single source of accountability, and handle all of the hiring of contractors, subcontractors, and more.

What are Your Rates and Payment Models?

Ask your architect how much they charge and how they accept payment. This is vital to establish this information in the beginning of the client-architect relationship to avoid any misunderstandings.

Are you looking for a qualified and experienced commercial architect? Contact BAF Corporation at 317-253-0531 for commercial general contracting services in Indianapolis, Indiana. We serve commercial and industrial clients all throughout the state.

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Indianapolis Commercial General Contracting and Design Build Services — Contact Us Today 317-253-0531

How to Update the Exterior of Your Commercial Building

Posted on February 26, 2021 by bafcorp20

Do you know that most consumers look at your business’s pictures online, or view your store from the outside as they pass by, all before they ever decide to become a client or customer? For this reason, the exterior of your commercial building or business should be a top priority for you. Aside from aesthetic benefits, maintaining the outside of your building is an important part of safety, liability, asset protection, investment security, and budgeting. As a proud and responsible commercial proprietor, you too will want the exterior of your business or building to look its best all year long. So, are you in need of an exterior update?

Continue below to learn where to get the best advice for commercial exterior upgrades and renovations, as well as, how to get started with commercial general contracting services in Indianapolis, Indiana.

Exterior Commercial Renovations Indianapolis Indiana 317-253-0531

Exterior Upgrades and Remodels for Commercial Buildings

Do you have exterior structures that need updated or serviced? Siding, roofing, solar paneling, gutters, concrete, windows, doors, and even the parking lot might need some renovating or replacing of they are old and outdated. Perhaps your building could use a fresh coating of paint, but only after a thorough power washing of the siding? If you are shaking your head “yes” to any of these suggestions, then you could be a great candidate for commercial exterior renovation and remodeling. Who can you trust to renovate, maintenance, and update your commercial building’s exterior?

Here in Indiana, Hoosiers know to call none other than the licensed and insured commercial general contracting teams at BAF Corporation!

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BAF Corporation Delivers Streamlined and Cost-Effective Exterior Renovations

As Indiana residents ourselves, BAF Corp knows the unpredictable and uncanny Indiana weather patterns, and have seen firsthand how it affects our land and structures. Year of natural wear and tear to materials like siding, roofing, pavements, and even electrical systems can drastically reduce the look of a building, but also the safety and durability. The more wear and tear suffered by the exterior structures of your commercial building, the more vulnerable it is to even further damage.

Whether your outdoor structures consist of metal buildings, barns, sheds, parking lots, roofing, siding, or HVAC, BAF Corporation has the hands-on experience to maintenance these structures, as well as deliver professional renovations and remodels. Here is just the short list of renovations and services we can deliver for your commercial building:

⇒ Pressure Washing
⇒ Painting and Drywall
⇒ Windows and Doors
⇒ Stairs and Railings
⇒ ADA Compliance Renovations
⇒ Siding and Roofing
⇒ Pavements and Parking Lots
⇒ Gazebos, Barns & Sheds
⇒ Patios & Decks
⇒ Pools, Ponds & Irrigation Systems
⇒ Build Outs
⇒ Outdoor Lighting
⇒ And More!

BAF Corporation can turn your commercial building into a modern, efficient, and appealing spot in town, all within your intended budget, and while maintaining your company’s true culture and objectives. Get started with a commercial remodeling bid before Spring arrives!

Are you ready for a commercial exterior remodel for your business or building? Contact us at 317-253-0531 for trusted and reputable commercial construction services at the most competitive rates in town.

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Will a Remodel Improve My Business?
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Tips for Keeping Your Business Open During a Remodel

Posted on February 8, 2021 by bafcorp20

It is not cheap to fund a commercial renovation or remodeling project. So, when it comes to the point when you need to move forward with one, it is wise to consider remaining open for operation during the process. This will allow you to continue bringing in revenue, while also knocking out a much-needed update or remodel. Of course, not all business owners have the option of staying open when proceeding with a commercial renovation, such as restaurants, but in many circumstances, it is quite possible with the right elements in place.

If you think you might want to stay open during commercial remodel, there are some important factors to consider, and few helpful pointers that will ensure a smooth and successful process. Continue below to review some of the top-recommended tips and considerations you should know as a business owner or proprietor.

Commercial Construction Indianapolis Indiana 317-253-0531 — Commercial Remodeling Indianapolis Indiana 317-253-0531

Remodeling While Staying Open for Business

When a business or office stays open and operational during a renovation, there are certainly some challenges that might arise, and a few expected inconveniences. However, this does not mean that it is impossible to do so successfully, all while accommodating your guest’s and staff’s safety and comfort. This is also important to your staff’s productivity and your operation’s efficiency. An experienced commercial construction company will know exactly how to meet these objectives, as well as all other detailed specifications and overall business objectives.

Your First Step is Budget Analysis

Your first step to determining whether or not you should keep your business operating as usual during an upcoming commercial renovation is to perform a budget analysis report. This report will provide you with data that analyzes the cost-benefit of staying open and compares it with the scenario of temporarily closing down, thus giving you insight on the rationality of moving forward one way or the other.

Safety is Key

Safety is another critical aspect of staying open during a commercial remodel. Consider posting maps to show which areas are zoned for construction, and giving your staff safety gear if necessary. Always have an emergency plan in place in the case of an injury or accident, and be sure your vendors have a copy of the renovation schedule to protect them and your remodel work. You can also appoint a staff member to sweep and tidy up the work areas every hour.

Additional Factors to Think About

If you are leaning toward staying open during your commercial remodel, there are some important factors you should consider first, as mentioned before. Primary factors that you must address head on before getting started with any construction include adjusting your business hours, organizing a clear line of staff and customer communication, designating construction zones, construction containment efforts, and most importantly, safety.

► Business Hours – Think about how your business hours might impact the quality and efficiency of your commercial remodel, and how you might be able to make certain adjustments to accommodate the construction work, staff, and guests. Perhaps schedule the construction overnight, during off business hours, or during slow times of business, such as early morning, mid-day, or late afternoon.

► Communicating – It is critical to maintain a clear and open line of communication regarding all construction work to both staff and guests. Consider making memos, sending emails, posting signs, and more so that everyone is up to date on the upcoming work. Ask for feedback, take suggestions, and ensure that every effort has been made to minimize disruption.

► Construction Zones – Think about how you will safely separate the construction areas from your business’s operating areas. You will want to restrict access to all construction zones, plus consider placing noise barriers and debris barricades to limit sound and health disruption.

► Debris Containment – There is a lot of dust, debris, and chemicals used in the commercial renovation process, which can travel into the operational areas of your business during construction. To avoid healthy and safety hazards, including poor air quality, you will need to consider how you will mitigate such particulates during construction. Containment barriers work well, as does pressurizing rooms, modifying the HVAC systems, and installing fans to air out paint and other chemicals.

Licensed Commercial Remodeling Construction Services in Central Indiana

Contact BAF Corporation at 317-253-0531 for trusted commercial construction services in Indianapolis, Indiana and its surrounding locations. Our skilled and experienced commercial general contractor teams deliver a streamlined process that meets all defined engineering and design specifications, procurement, schedules, and budgets. We serve all corporate, commercial, and industrial industries in Indianapolis, Indiana and its surrounding districts. Call today to request free information or to schedule a consultation.

Should You Build New, Remodel, or Expand Your Business?

Posted on February 5, 2021 by bafcorp20

As a business owner, you always want to be one step ahead of your overall financial objectives, and mitigating risk is a great way to sharpen these skills. So, when it comes time to find a brick and mortar for your company, you will be faced with the challenging decision of choosing between new construction, remodeling an existing space, or expanding your current location to house your new development. What are the pros and cons of each option? Continue below to find out.

Indiana Commercial Construction Contractors 317-253-0531

Commercial Construction Options for the Growing Business

Whether you are just starting out or simply outgrowing your existing space, there will come a time when you must ask yourself if you want to build new, remodel, or expand. Each and every business and business owner are different, so the pros and cons to each option will give you some insight on what your specific objectives are for your company’s future.

New Builds

You can choose to build a new construction property, which would entail a full process of real estate procurement, space planning and permitting, designing, and building. It may sound like a lot, but this is a common route taken by growing businesses. Although there are plenty of pros to new construction, there are also some cons.

PROS:

☑ A Fresh Start
☑ Freedom to Customize
☑ Opportunity to Rebrand

CONS:

☑ More Expensive
☑ Longer Timeline
☑ Limited Land Availability

Remodels

Perhaps your location is a bit outdated, or you need to spruce up and modernize a newly-procured space? Choosing to remodel your existing space, or another existing space, such as a distressed commercial asset, can reap several benefits and conveniences, but just as all other options in life, they also come with a few mentionable downfalls.

PROS:

☑ Updated Look and Feel
☑ Improved Technologies
☑ Efficient Timelines

CONS:

☑ No Additional Space Gained
☑ Loud and Disruptive Construction
☑ Possible Delays and Setbacks

Expansions

Are you perfectly happy with your company’s location, or maybe unable to move locations, but your staff and operations are basically running out of room? If so, an expansion, or a commercial fit-out, might be the right option for you.

PROS:

☑ Cheaper Than New Builds
☑ Less Construction and Disruption
☑ Modernize Technology For Less

CONS:

☑ A Remodel to Update Old Space
☑ Costlier Than Remodeling
☑ Moderate Disruptive Construction

Who to Hire for Skilled Commercial Remodeling and Construction in Indiana

Contact BAF Corporation at 317-253-0531 for trusted commercial construction and remodeling in Indianapolis, Indiana and its surrounding locations. We are highly experienced commercial general contracting professionals who offer comprehensive commercial construction services, from space planning and permitting to post-occupancy facility maintenance, and everything in between. Our commercial construction company is adept in commercial build-outs, expansions, and commercial remodeling, but specialize in design build services for new construction projects. Contact us soon to request a commercial bid, or to learn more about us and our company’s full scope of service.

How to Choose the Right Professional for Your Commercial Remodel

Posted on January 25, 2021 by bafcorp20

Do you have a commercial building that requires some updating or repair, but you are not sure where to start? You are not alone. Many commercial proprietors have some confusion on which professional to hire for their building remodeling needs. From general contractors and subcontractors, to architects, designers, and more, it is no surprise that you might be feeling some indirection right from the very start of your commercial remodeling planning process. Fortunately, you are in the right place if you want to know exactly who the proper team of construction and building professionals would be for your commercial remodel.

Continue below to learn to difference between general contractors, architects, and designers, as well as how to decide which professionals you require for your commercial construction project.

Indianapolis Design Build Commercial Construction 317-253-0531

Understanding the Roles of Construction and Building Professionals

General Contractors

All commercial construction remodels will require a general contractor, or a general contracting team depending on the size and scope of the project. A general contractor is the lead professional who manages, directs, and secures all elements and details of a project, from inception to completion. This includes all preconstruction work like space planning and permitting, building code compliancy, and procurement, as well as all labor, building, designing, and post-occupancy follow-ups and facility maintenance needs. General contractors are construction and project management experts, acting as the primary point of contact and communication for all other hired professionals, including architects, designers, wholesalers, vendors, and subcontractors.

Architects

Although interior designs can also help choose architectural designs and materials, it is the architects who have the legal and professional responsibility to design the build properly. Architects are licensed professionals who have extensive education and training in engineering and architectural design, and ensure both the structural integrity and safety of a commercial building. Architects focus more on these elements rather than cosmetic or aesthetic design, as they have a professional and legal duty of care to ensure optimal safety, security, and stability of their work. If your commercial construction remodel requires structural redesigns, such as relocating window and doors, taking down walls, or modifying rooflines, you would need the professional acumen of a licensed architect. If you are not making any significant structural changes, an interior designer would be a good fit for your commercial remodeling needs.

Designers

Interior designers, according to the Council for Interior Design Qualification (CIDQ), are professionals who retain a concentrated expertise of space planning and design of interior environments, and whose work is intended to encourage health, safety, and well-being, as well as boost the experience of guests and clientele. With that being said, an interior designer is someone who can bring the overall vision of your company’s culture to life, all while promoting optimal efficiency, function, performance, and human contentment. They are not required to be licensed, but many choose to earn theirs anyway.

Which Professionals Do You Need?

In most cases however, a commercial remodel requires all three professionals mentioned above. But how does a proprietor like yourself organize and budget all of these needs into one remodel? The answer is to hire a commercial construction company that offers full-service design build remodeling solutions. Commercial design-build contracting lets you avoid hiring 20 different contractors and professionals for your remodeling project. So, where can you find a trusted commercial design build (DB) contractor in Indianapolis? That answer is even easier.

Choose BAF Corporation for Indianapolis Design Build Commercial Construction and Remodeling

Contact BAF Corporation at 317-253-0531 to learn more about our Indianapolis general contracting and design build services, including your options for getting started with a consultation. Our licensed contractors provide full-service commercial remodeling and construction, and implement a concentrated approach to ensure all aspects of your project are met, including planning, scheduling, and budgeting. We serve commercial, corporate, and industrial industries in Indianapolis, Indiana and its surrounding districts.

Why You Should Start Planning Your Commercial Remodel Right Now

Posted on January 18, 2021 by bafcorp20

Last week, we discussed how winter weather can have a negative impact on the cost, scheduling, and completion of your commercial construction project. Although now is not the most ideal time of year to break ground with a new construction build or invasive remodel, it is the perfect time to start planning for one later in the year. Continue reading to find out why, and who to trust for superior commercial remodeling work in Central Indiana.

Indiana Construction Management 317-253-0531

Now is the Best Time to Plan a Commercial Remodel or Build

When it comes to planning a commercial construction project, whether an entirely new design build or a remodel to an existing space, there are some good reasons why winter is a great time to get it done. First, the weather here in the Midwest is typically very dismal during the winter season, with plenty of precipitation like rain and snow, as well as, shorter days, colder temperatures, and as mentioned last week, frozen ground.

Since the weather poses challenges for actual building work, the next best thing you can do is use this season to make construction or remodeling plans. Not only will you have the time you need for proper planning and preconstruction approval, but you will also have a clearer vision on which kinds of building modifications or additions you want to incorporate in order to accommodate the changing economic environment, COVID-19 procedures, in-office labor, and much more.

Take Your Time With Construction Planning

The best commercial construction projects are those that are not rushed. Planning your commercial construction remodel during the winter season gives you ample time to finalize every specification down to the very last detail, and line up all necessary general contractor and subcontractor work. Furthermore, it ensures that your design build objectives are met as specified, and that all scheduling, building code requirements, procurements, and more are coordinated properly. This level of planning saves time, which also saves money.

Get the Preconstruction Process Out of the Way

For all commercial construction projects, the preconstruction process is generally the longest phase out of all the phases of a design build construction project. The preconstruction process involves several steps, including building leasing, real estate acquisition, conceptual estimating, constructability reviews, feasibility studies, paperwork filings, space planning and permitting, zoning, budgeting, scheduling, and much more. You can expect the preconstruction process to take at least a couple of months, and upwards of 6 months or more, depending on the scope and details of the project.

Make Changes to Accommodate Future Needs or Objectives

The winter season, plus all of 2020, will give you ideas on how you want to your space to be. Perhaps you wish to have all private office spaces, or a more open space plan? It might be possible that you want to add a commercial kitchen or café to your building? Maybe you would like to include health and safety designs and technologies, like outdoor spaces, touch-free devices, clean air circulation systems, and ADA bathroom compliance inclusions. All of these plans are possible when addressed well ahead of time.

Commercial Construction Management in Central Indiana

Contact BAF Corporation at 317-253-0531 when you are looking for trusted commercial management in Indianapolis, Indiana and its surrounding locations. Our skilled and experienced commercial general contractors serve all corporate, commercial, and industrial industries in Indianapolis, Indiana and its surrounding districts. Call today to request free information or to schedule a consultation.

How to Tell if Your Space is Ready for a Commercial Remodel

Posted on December 28, 2020 by bafcorp20

Like all important assets and investments, your commercial space requires routine care and upkeep. Part of this strategy is the duty to occasionally renovate or remodel. Remodeling is vital for the ongoing success and growth of any company or business, regardless of industry. Not only is it important to keep up with the changing times and evolving technologies, but it is also important to maintain a safe and functional environment that serves to support your overall business objectives. But how do you know your business or building needs a commercial remodel? The signs are all around you. You only need to look in the right directions.

Continue reading to learn the top tell-tale signs that your building, office, or facility needs commercial remodeling.

Indianapolis Commercial Remodeling 317-253-0531

Does Your Office or Building Need a Remodel?

Take a look around your office or commercial building. Take in the details of your furnishings, layout, features, lighting, and overall ambience. This is how you will begin the process of determining whether or not you need commercial remodeling. You will be able to tell if you need to remodel or update if you can agree with one or more of the following statements:

► Your Space Looks Like it is From Another Era

Does your space look like you have stepped foot into another time period? If your commercial building or office space looks outdated, antiquated, or old-fashioned, it is a good sign that you are ready to get with the current times. A commercial remodel can bring your building back to the 21^st century by incorporating a wide range of innovative designs, technologies, facilities, and more.

► You Can Easily Spot Corrosion or Deterioration

If anything in your commercial business space or office is visibly declining in quality, you can feel confident that a commercial remodel is the right choice for your business’s future and overall success. Things like windows, doors, ADA ramps, stairwells, machinery, electrical work, plumbing, HVAC, security systems, and any type of automated systems are vital areas of your building that should be maintained and updated routinely.

If more than one such system shows signs of deterioration, a remodel is likely necessary. Other things like walls, ceilings, moldings, paint, appliances, electronics, office equipment, landscaping, and lighting are other important features to observe. If they too are showing signs of corrosion or decline, it could be an indication that your entire space could use some sprucing up.

► You are Running Out of Space for Your Stuff and Staff

If you take a look around, and you instantly feel like your space is cluttered, you could use some more space. A commercial remodel would take care of this need for you, while also meeting any other necessary business objectives. Space conversions and build-outs are common commercial remodeling options for offices and buildings that require more square footage for their inventory, staff, customers, and more.

► Your Staff and/or Customers Struggle With Efficiency

Do your employees struggle with certain challenges every day when it comes to performing their duties? What about your customers? Are they provided with all the standard conveniences that allow them to learn, review, and purchase your products and services to your financial advantage? If your staff or customers, or both, are experiencing challenges with efficiency and convenience, it may be time to change the layout and design of your commercial space.

Where to Get Professional Commercial Remodeling in Indianapolis

Contact BAF Corporation at 317-253-0531 for professional commercial construction services in Indianapolis and its surrounding locations. Our skilled and experienced commercial general contractors deliver a streamlined construction process that meets all defined engineering and design specifications, procurement, schedules, and budgets for your commercial office space or business. Contact us today to request free information or to schedule a consultation.

4 Reasons to Hire a Turnkey Commercial Construction Contractor

Posted on December 18, 2020 by bafcorp20

When you hire a commercial construction company, you expect them to be legitimate professionals who come equipped with a streamlined structure of execution that benefits the best interests of your budget and overall business objectives. However, not all commercial construction companies are turn-key in this way. In fact, it is important to do your due diligence and research the best Indiana commercial construction contracting teams in your region. When you are looking for organized and cost-efficient commercial construction services, choose a company that offers turnkey solutions.

Continue reading to learn 4 reasons why it is better to hire a turnkey commercial construction contractor for your upcoming remodel or new construction build.

Indiana Turnkey Commercial Construction 317-253-0531

What a Turnkey Commercial Construction Company Can Do For You

❶ Optimal Organization

There are many factors involved in planning and implementing a commercial construction project. That includes the inevitable and unanticipated setbacks that are not in anyone’s control. For this reason, one of the most important elements of a commercial construction project is organization. A turnkey commercial construction contractor has the resources and skills to streamline the entire process, which positively impacts schedule goals, cost efficiency, and liability.

❷ Simplified Communication

A turnkey commercial construction company has the ability to maintain clear and convenient lines of communication with both clients and subcontracting teams. This clear, streamlined communication delivers peace of mind to proprietors because they have but one, single source of contact that is always available. Not only does this turnkey system ensure cost-savings, it assigns liability, guarantees pricing, improves risk management, ensures performance-based quality control, reduces delivery times, and most importantly, enhances the overall quality of work.

❸ Quality Control

There is nothing more important than quality when it comes to building or remodeling a commercial property. When you have a turnkey commercial construction contractor managing your project, you can expect optimal quality control at all times. By combining their professional resources, communication practices, and coordination methodologies, a commercial construction general contractor can maintain maximum control on quality by overseeing all contractors, architects, designers, builders, vendors, and all other parties involved.

❹ Cost Efficiency

A turnkey commercial construction company will maximize your business’s utility, function, and overall operational efficiency, while also delivering superior results in craftsmanship and architecture. This approach to turnkey commercial building supports and enhances budget accuracy and future bottom line profitability. A streamlined commercial construction process saves you money and makes you money, all at once!

Turnkey Construction Contractors for Commercial Real Estate in Indiana

Contact BAF Corporation at 317-253-0531 for trusted commercial construction services in Indianapolis, Indiana and its surrounding locations. Our skilled and experienced commercial general contractor teams deliver a streamlined process that meets all defined engineering and design specifications, procurement, schedules, and budgets. We serve all corporate, commercial, and industrial industries in Indianapolis, Indiana and its surrounding districts. Call today to request free information or to schedule a consultation.

3 Approaches to Estimating the Market Value of Your Commercial Property

Posted on October 23, 2020 by bafcorp20

When you are a commercial real estate owner who is considering the idea of selling your asset, your first though will be its value. How much is your commercial property worth on the current market? Well, there are various factors that influence the market value of a commercial building, so generally, a multivariate approach is ultimately relied on for an accurate assessment. But calculating a commercial property’s total worth doesn’t always need to be accomplished by applying more than one methodology; often times, one method works well over all others. The three common methods used to evaluate the market value of commercial real estate include the replacement cost method, the income method, and the market value method.

Continue reading to learn how each method works, and what you can do to increase your building’s value before listing it on the market.

Space Planning and Tenant Improvements 317-253-0531

How Commercial Real Estate Defines Value

The commercial real estate market does not shy away from directness when it defines value. Basically, value is characterized as being the most realistic and probable price that a commercial property could realistically gain in an open, active, and competitive real estate market, when the business deal is handled reasonably, intelligently, and with integrity, by both the purchaser and seller.

3 Common Methods of Estimating Value of a Commercial Building

► The Replacement Cost Method

The replacement cost method operates under the suggestion that an advised buyer should pay the same, or less than, the cost of a hypothetical replacement property that retains equal utility. Under this estimation principle, a buyer would create the data of an equivalent property that is utilized optimally for the purpose of financial gain. Certain adjustments can be made to the replacement cost formula to further exact the sum, such as depreciation, economic obsolescence, tax credits, and more. This method is often used when there are no comparable commercial properties on the market, nearby.

► The Market Value Method

Also known as the comparable approach, estimating the real value of a commercial property using the market value method is one of the most direct and accurate ways it is done in the real estate world. This principle is applied by identifying similar listings in the commercial real estate market that are equivalent to the property under evaluation. A full analysis is done equating the similar sites to the one in question, and the data derived would be used to make a final determination of comparable value.

It is common to incorporate certain variables into the market value formula to make adjustments for comparable value, such as a property’s age, condition, future expected costs and gains, tax policies, land-to-building ratios, depreciation, and similar real life factors that impact the sale. Basically, the total price a commercial buyer is willing to pay for a property equivalent to the one being assessed is the real market value of that property.

► The Income Method

The income method is another common approach to assessing the market value of a commercial property. Using this method, a property would be valued by identifying its current value, and to what amount that current value will benefit the proprietor in the future in terms of income. Net operating income is considered future benefits in the commercial real estate market, and that factor is what ultimately determines the total value of a commercial property when using this method. Under this principle, an informed buyer should expect that the commercial property will generate its current operating income for the foreseeable future. This method of market value analysis is typically applied for properties that generate income, such as hotels.

Commercial Space Planning and Remodeling Can Increase Your Property’s Value

A commercial space planning contracting team knows how to plan and design your business from the ground up in a way that will promote ongoing future success and profitability. By combining all benefits of commercial space planning service, you ultimately achieve more successful and steadfast business growth.

Tenant Improvements for Existing Commercial Spaces

For spaces that are already built and designed, tenant improvement work can come in the form of build-outs or renovations. Most businesses looking to lease a new space will opt for prebuilt options. In this case, the existing design might not work for them, which is where TI work comes into play. Before a tenant takes over the lease on an existing space, renovations can be made to customize the property to meet the exact needs of the business.

Moving Business Locations in Indiana?

Trust Our Commercial Space Planning Contractors to Maximize Your Savings and Earnings

Contact BAF Corporation at 317-253-0531 for trusted commercial space planning and permitting in Indianapolis, Indiana and its surrounding locations. Our skilled and experienced commercial general contractors deliver a streamlined construction process that meets all defined engineering and design specifications, procurement, schedules, and budgets for your commercial office space or business. Call today to request free information or to schedule a consultation.

Common Germ and Bacteria Hot Spots in Commercial Buildings

Posted on October 2, 2020 by bafcorp20

Virtually all commercial buildings that serve or host human beings will have germs and bacteria somewhere, or possibly everywhere. The presence of germs and bacteria in a communal space, such as an office building or medical facility, are basically inevitable. However, the good news is that they can all be abated with some simple preventative maintenance, a little knowledge, and extra precaution. Now more than ever, these responsibilities are critical.

The approach to take in order to combat germ and bacteria exposure to your staff and/or clientele will include everything from proper cleaning, sanitizing, and self-care, to simply knowing which areas are the “germiest”, and how to handle these germ-infested hot spots around the office or building.

Continue reading to learn what all this means, and which public areas are known to carry the most germs and bacteria that can cause illness and allergies.

Indianapolis Commercial Building Renovations 317-253-0531

Here are the areas of a public building or complex that statistically contains the highest levels of germs and bacteria:

☑ Touch Points

Touch points are areas of a building that are regularly touched or handled by patrons, guests, visitors, customers, or residents. Areas like stair rails, doorknobs, light switches, door handles, faucet handles, keyboards, phone buttons, elevator buttons, and more, are all predictable hot spots for spreading germs and bacteria. It is wise to use hand sanitizer or wash your hands thoroughly after touching or handling any areas like the ones just mentioned. Right now, commercial proprietors are making certain commercial renovations to reduce surface touching areas, such as touch-free technologies and similar environmental modifications.

☑ Countertops

Offices, retail stores, and several other types of commercial buildings are very likely to have checkout lanes, restrooms, break rooms, kitchens, cafés, and other areas that have countertop space. Many people are unaware of how much germs and bacteria are on these surfaces. Food, drink, product, and more, are handled at these stations, and this is where the bacteria growth arises. Keeping countertops cleaned and sanitized can drastically reduce the number of germs and bacteria. Always use hand sanitizer or wash your hands after touching public countertops, whether in a restaurant, bathroom, coffee bar, brochure station, or reception desk.

☑ Desks

On the topic of hard surfaces like countertops, desks are also among the germiest places in a public or commercial environment. Hands, food, hair, briefcases, purses, lunch bags, and more touch desktops all day long. And very few people wipe, clean, or even clear their workspace or desk regularly. This houses germs and bacteria that can cause common colds, flus, and other illnesses. Keeping disposable cleansing wipes at a desk is a quick and effective way to reduce the buildup of germs and bacteria.

☑ Floors

There is not much to explain here. It is obvious that floors contain loads of dirt, soil, germs, bacteria, and much more. Whatever is walked upon outside or in the restroom, is surely brought inside on shoes to some degree. Long story short: wipe off anything that falls or touches the ground!

☑ Refrigerators

Communal refrigerators and microwaves are also big hotspots for germs and bacteria, but also for mold and mildew growth. All of these things can implicate a person’s health in many ways. It is important to keep community or office refrigerators clean and wiped down, regularly. This prevents mold growth, bacteria, and more.

Commercial Building Renovations That Will Enhance Health and Safety

Consider renovating your current commercial building or office space to incorporate some innovative modifications that will reduce the spread of germs and bacteria. Some current, popular options include copper surfaces, hands-free phones and ear sets, automatic doors, touch-free hand soap dispensers, automatic hand sanitizer dispensers, ionized air conditioning technology, recycling shoots and compactors, and even solar energy applications. In fact, see our blogs, “Touch-Free Design Suggestions for Commercial Buildings and Businesses” to learn more options.

Choose BAF Corp for Your Commercial Renovations in Indianapolis, Indiana

Contact BAF Corporation at 317-253-0531 for superior commercial renovations in Indianapolis, Indiana. Our skilled and experienced commercial general contractors can help you decide which roofing option and course of action is best for your office or building. We serve all corporate, commercial, and industrial industries in Indianapolis, Indiana and its surrounding districts. Call today to request free information or to schedule a consultation.