OFFICE BUILDINGS
Office buildings are designed for commercial occupancies and may be subdivided into smaller units for tenant use. Office buildings may be constructed for a particular use such as medical office. Medical office buildings are typically designed for medical and/or dental services with examination and outpatient rooms, as opposed to general office buildings. The interior finish may have plaster or drywall and, depending on the quality, utilize glass and special wall covering.
Floor finishes are typically carpet, terrazzo or vinyl. Ceiling finishes vary with the quality. Luminous ceilings and high-intensity, fluorescent lighting are found in the better qualities. Medical office space may include high-intensity, fluorescent lighting with better qualities and also may have x-ray capabilities, lead-lined walls, soundproof exam rooms and a high degree of built-in cabinetry, sinks and plumbing.
In the restrooms, both the number and quality of fixtures generally correspond to the quality of the building. Typically, floor finishes in the restroom areas are ceramic tile. At all quality levels, metal partitions and commercial plumbing fixtures can be found.
Most offices have a combined heating and cooling system, while the lower-cost structures have heating only.
The staff at Moyer Realty Advisors, LLC has developed a specialty in the appraisal and consulting of office real estate, from a development and ownership standpoint to a market-supported and fully-researched appraisal standpoint. The staff at Moyer Realty Advisors, LLC has appraised numerous office properties ranging in size from 5,000 to 117,000 square feet, and consisting of older facilities to new, state-of-the-art, “smart” office buildings. The valuations have been made on both a fee simple and leased fee basis.
SHOPPING CENTERS
Shopping centers typically provide a variety of general merchandise, apparel, furniture, home furnishings, service, and recreational facilities which are usually built around one or more department stores. Shopping centers may be classified as malls, regional shopping centers, super regional shopping centers, neighborhood shopping centers, community shopping centers, specialty centers, festival center, fashion center, outlet mall, discount or wholesale center, power center, big box, hypermart and/or warehouse club.
The staff at Moyer Realty Advisors, LLC has developed a specialty in the appraisal and consulting of shopping centers and retail properties, from a development and ownership standpoint to a market-supported and fully-researched appraisal standpoint. The staff at Moyer Realty Advisors, LLC has appraised numerous retail properties ranging in size from 7,500 to 1,700,000 square feet, and consisting of older facilities to new, state-of-the-art category, centers. The valuations have been made on both a fee simple and leased fee basis.