Commercial News

Commercial Building Inspection: Three Options

Criterium provides commercial building inspections and pre-purchase property evaluations to support buyers during real estate due diligence. Our inspections and reports are performed by licensed Professional Engineers and are designed to clearly explain a building’s condition, identify risks, and support informed purchase decisions. Findings may also assist in negotiating purchase terms when deficiencies are identified…..

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How Cost Segregation Studies Help Property Owners Maximize Tax Savings in 2025

How Cost Segregation Studies Help Property Owners Maximize Tax Savings in 2025 As a property owner or investor, you’re always looking for ways to reduce tax liability and improve cash flow. A well-executed cost segregation study may offer substantial benefits by accelerating depreciation and unlocking value. In this article we’ll explain what a cost segregation….

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Reserve Studies vs. Condition Assessment

Q: Over the past few months, I’ve heard a lot of discussion about reserve studies and condition surveys. Are these the same, and, if not, how do they differ, and why and when should our association obtain one? A: This is a great question because it is not asked often enough. I cannot count the number….

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Building Maintenance Check List

A Proactive Approach is BestIf you are responsible for your condo or HOA’s physical condition, this is no time to relax. Planning now can pay big dividends in being able to hire a repair contractor before the spring/summer crunch arrives. With that in mind, the following list can provide a guide to issues for you….

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Seeing Clearly with Window Replacement

Challenges Associated with Window Replacement Window replacement can be one of a condominium board’s greatest challenges. This is due to elements of mystery, timing, and high cost. For a variety of reasons a unit owner may want to replace one or more of her unit’s windows. After following the condo’s guidelines for obtaining approval from….

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The Water Did It

Since the tragedy this summer in Surfside, Florida, building managers and condo boards have been reviewing the cost of deferred repairs and their fiduciary responsibilities when it comes to facility safety and maintenance with greater scrutiny than ever before. But where to look first? There are many types of condos from high-rises to townhouses to….

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Commercial Real Estate – Accelerated Depreciation

What property types benefit most from accelerated depreciation with a Cost Segregation Study? Many of the costs embedded in a new or existing building can be segregated into categories that also allow for more rapid — or accelerated — depreciation. Many items inside the building – furnishings, fixtures, flooring and the like – can be depreciated….

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A Pre-Lease Property Condition Report Pays For Itself!

Criterium Engineers provides the straightforward evaluation required for an extensive Pre-Lease Property Condition Report (also referred to as a property condition assessment) for clients looking to lease buildings of all sizes. They are especially useful for Triple-Net Lease negotiations. Be Informed! Investing in due diligence and being an informed lessee provides greater confidence in the….

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The Challenge of Aging Buildings

The Surfside collapse and the resulting loss of life is tragic. In addition to dealing with the far-reaching impact of that collapse, many occupants, owners, and managers of most buildings are now asking whether something similar could happen to their building. The answer is that the structural health and future of any building depends on many variables….

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Innovations Transform the Building Inspection Process

Emerging technology and innovation are continually transforming the building construction inspection process. Criterium Engineers evaluates and adopts appropriate new technologies to provide additional knowledge and information for our clients. Two inspection innovations in particular—the use of drones and thermal imaging—have been change drivers for Criterium Engineers in recent years, reaching areas that were previously unattainable by our….

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