Owning commercial real estate can be profitable so long as you find the right balance between clients who need precisely what your building has to offer and the relative universality of your buildings. Some tenants need specialty equipment and renovations that make them untenable while, in other circumstances, customizing a building can get you a long-term tenant without too much of a headache. Striking this balance with private businesses can be hit and miss, but doing so with government organizations is much more technically clear.
How can you bring in more government agencies just with your lighting?
Different organizations have different minimum requirements for their facilities. Companies that handle private medical information, for example, often need to be in a stand-alone building and have strict security. According to the Legislation and the Federal Acquisition Regulations (FAR), federal agencies have to have Energy Star or FEMP certified lighting products to reduce costs. FAR also establishes three key categories of efficiency, efficacy, lighting power density when considering lighting requirements for parking garages.
These standard vary between federal, state, and local government agencies, but they part of the considerations that they take into account when finding third-party premises for offices and outposts. Because the majority of their lighting considerations focus on maintaining environment standards and allowing for universal access, changing your lights is already a beneficial move for attracting clients across the board. It also means that, if you renovate your buildings with lighting, energy considerations, and potential security in mind, your building is more likely to be rented by government agencies.
