Out with the old in with the new! We are seeing an influx of commercial real estate being remodeled when it becomes available with lighting of course being one integral aspect of the process.

Why are commercial real estate companies investing in their lighting during turnover? The reasons are numerous and actually the current market is one of the biggest reasons. To make your property stand out, improving the lighting is one of many upgrades that can take place to help garner value amongst prospective suitors.

When a space becomes available, assessing the current lighting situation allows for considering what future tenants might use the space for. In turn, if the existing system is using old technology like linear fluorescents there is likely to be outages and ballasts near the end of their life. Or the lighting might be in the wrong areas and a layout is needed to implement a design that makes sense. Without this process taking place, this creates another hurdle for a new tenant who is considering the space and may want quality lighting for their employees to work under.

A new tenant also may not want to jump in and consider an LED retrofit right when they move in. Hence the value for the commercial real estate company to take the initiative in retrofitting the old lighting with LED to increase the attractiveness of the space. It will also reduce the cost to operate the building as well as long-term maintenance costs, two more selling points.

If you have commercial real estate that is in need of lighting upgrades, contact Premier Lighting today as we offer turn-key solutions for your particular lighting application.