DJC Features NECA/IBEW: How Electrical Infrastructure Impacts CRE Value
When it comes to commercial property value, most people think location, square footage, or rental income. But there’s one powerful factor that often gets overlooked: the electrical system.
The Daily Journal of Commerce featured an article by NECA/IBEW titled How Electrical Infrastructure Impacts Commercial Property Value, shedding light on how power behind the walls can shape a building’s worth and investment potential.
Commercial property value is critical in real estate, shaping everything from investment strategies to lending decisions and tax assessments. Valuation isn’t just about square footage. It includes location, income potential, market conditions, and the physical condition of the property. External factors like zoning laws and development plans also play a role.
One area gaining more attention is electrical infrastructure. As the article points out, a property with modern, well-maintained electrical systems offers more than basic functionality. It signals investment potential. Reliable power supports tenant operations, reduces maintenance costs, and improves long-term value.
Interested in Joining NECA or IBEW?
Become part of a powerful, supportive network of electrical professionals. Check out the membership pages for the Oregon-Columbia Chapter of NECA or IBEW Local 48 to learn more.
SIGN UP FOR OUR NEWSLETTER
