Have you ever looked at an old car and thought: "Wow, now that’s a classic!"
Surely, there are other times you have looked at a car and said: "Wow, there's a junker!"
Chances are that when you made those observations, you had no idea what was going on under the hood – whether the engine was maintained or neglected. The outside of the car – the paint, the rust (or lack of), the cleanliness…it told you a story. Beyond the story, it gave you the perception of value. That same concept holds true for Commercial Real Estate.
Public Spaces and Perception
Getting beyond the perception of value in Commercial Real Estate is that you want a guest to feel comfortable when he or she enters your space. Signs of neglect – such as peeling paint or rust, can impact community sentiment about an area. Sometimes that sense of worth will translate to further neglect and apathy within the community. On the other hand, when a property is well maintained, and it appears an investment is being made, it encourages others to maintain or upgrade surrounding properties.
That’s why when Stiles took over facilities maintenance at the Tri-Rail stations on behalf of SFRTA, they began a strong initiative to upgrade the appearances. Read on to find out how Complete Structure Painting was able to provide painting solutions and help with public perception.