News: Spotlights

Roof Raising - Space Technology

Space Technology Inc. (STI) lifts the existing roof of an industrial building, intact, to two or three times its original height. By elevating the roof at the rate of one foot every hour, STI can double or triple the capacity of a warehouse quickly and inexpensively. Imagine the value and marketability gained by transforming an old, obsolete-height structure into a modern, high-cube facility, virtually overnight. The entire roof (or just a section) is lifted as a single unit. Lighting, heating, sprinkler systems, and roof-mounted equipment remain attached to the roof, and rise undisturbed. The actual roof lifting process can be completed in as little as a single day. Roof lifting yields increased size, efficiency and building value without demolition costs, without increasing taxes based on square footage, and without increasing the facility's parking space requirements. STI provides the real estate industry and building owners with this unique technology and service: the patented E-Z Riser® process. This unique procedure has been providing ceiling height increases, safely, successfully, and economically since 1972. It is important to note that this procedure inherently maintains complete structural stability at all times, avoiding the need for temporary shoring and resulting floor-anchor damage. Permanent full-height steel column sleeves are utilized, which lift the roof while continuously maintaining the original building support. This process has a 100% safety record, as proven by its implementation even in facilities that must be OCCUPIED during preparation and lifting, WITHOUT any serious work disruption. Imagine how many properties can now be purchased, leased or sold, that were previously deemed functionally obsolete. Imagine how many prospective tenants and clients can be attracted to sites that previously could not earn serious consideration. Real Estate Brokers, Industrial Developers, individual Users, and National Retailers, have been using this tool to create space, add value, upgrade marketability, and to attract and retain tenants. When they calculate the exceptionally short time for their return on investment, it becomes clear why this revolutionary concept is creating such an impact. STI offers free cost estimates, nationwide. Space Technology, Inc., 626 Rex Corp Plaza, Uniondale, NY 11556, Tel: 631-491-8500
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary