Maximizing Value

Most attention is focused on the main building or prime office and retail spaces. However, sides and ancillary areas often overlooked the role in the functionality, safety, and overall value of a property. Understanding and properly managing these spaces can give property owners and investors a significant competitive advantage.

What Are Sides and Ancillary Spaces?

Ancillary spaces include storage rooms, mechanical rooms, utility areas, service corridors, loading docks, and other support areas that ensure smooth operations. Meanwhile, sides of the property such as exterior walls, side yards, and access points provide essential circulation routes for deliveries, emergency exits, and maintenance access. Together, these spaces support the main function of the property while enhancing efficiency and safety.

Related Trends Include:

• Phase 1 Environmental Site Assessment
• Property Condition Assessment
• Commercial Due Diligence
• Corporate Risk Management
• Environmental Compliance

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