Many property managers are discovering that closing up an open-office floor plan after a tenant vacates the property can be challenging, especially if the original build-out was for a more traditional company. Open-plan characteristics can vary widely, but most consist of 12-foot ceilings (or higher); exposed ductwork; perimeter windows, if available; very low or no walls; and concrete slab or other hard-surface flooring. Throw in sprinkler realignment, suspended lighting, and a general aesthetic cleanup of excess wiring, old paint, dust and dirt, and the open plan bears virtually no resemblance to the

Since the Great Recession ended, construction costs in Colorado have skyrocketed. The way property managers budget tenant improvement projects and building updates must be adjusted to take the rising costs into consideration. “In 2014, the costs of construction caught up with this rapid increase in demand, and we saw costs increase somewhere between 15 and 20

Hunter Marr General manager of Unico Properties’ Denver portfolio Property management is not the most glamorous side of the commercial real estate industry. We are the boots on the ground, dealing with an infinite variety of issues that sometimes makes you laugh. If I had to relate property management in military terms, we are the…