Structural Engineering is not a very precise science, especially when it comes to retrofitting existing buildings. Depending on the engineer chosen, enhancements can be added that may increase the construction expense close to sixty percent. When considering a commercial earthquake retrofit, it is important to understand that spending more on construction costs does not necessarily ...
If you are looking for a lender to finance a building loan or mortgage, you will find it difficult to convince them to accept any amount of risk. Money lenders today realize that they just cannot afford to be left high and dry in the event of strong seismic activity. They realize that is exactly ...
An earthquake retrofit definitely can strengthen existing commercial properties, providing more resistance to seismic activity, including devastating earthquakes. For most commercial buildings, this process typically consists of a variety of steps, including strengthening weak connections found in shear walls, roof to wall connections, continuity ties, and the roof diaphragm. Earthquakes are unexpected events that happen ...
Experienced investors often know what problems to look for before they purchase an industrial building, warehouse, or manufacturing facility. There are quite a few new faces in the commercial real estate market today; due to the current economy and the great prices that are available, it is a good time to buy commercial properties. New ...
One of the worst things commercial landlords can do to their own interests is allow the buildings they lease to go for a very long time without any updates, renovations or retrofitting to the latest safety codes. The work it takes to maintain buildings in several states, including California, includes more than just cosmetic updating and remodeling. ...
Earthquake retrofitting is the process of strengthening a building that may not meet the current building safety codes. The retrofitting process involves seismic wall bracing, reinforcement of shear walls and fire sprinkler piping, structural roof repairs, and more. In the California Bay Area, earthquake retrofitting is necessary on most buildings that are more than 10 ...
As we have seen in the last several years, earthquakes can happen at any time and any place, not just close to a major fault line. Many old commercial facilities are dangerously unprepared to withstand the force of even very small tremors. An earthquake retrofit provides current structures with more strength to withstand the powerful forces ...
When Is The Best Time To Earthquake Retrofit Bay Area Commercial Properties? Earthquake retrofitting a commercial property in the Bay Area is a great way to reinforce the durability of a building before an earthquake hits. It’s never too soon to plan conscientious safety measures. Still, many commercial real estate managers would like to plan ...
The US Geological Survey states that within the next thirty years, the likelihood of an earthquake of 6.7 or greater magnitude in California is 99%. No one can predict exactly when the next earthquake will occur, yet an earthquake is inevitable. Since we are statistically aware that an earthquake in California is expected to take ...
Earthquake Retrofit Bay Area Earthquake Retrofit vs Earthquake Insurance Bay Area commercial property owners that purchase buildings in regions that are seismically active, regularly consider the differences between investing in earthquake insurance and earthquake retrofitting a building. To begin, the right course of action can be dually helpful for Bay Area commercial property owners looking ...