Andrew Martz

Common Area Maintenance (CAM) in all its mystery

Common Area Maintenance (CAM) in all its mystery. First, let’s start with trying to define the common area. What is Common Area Maintenance? Common Areas can be lobbies, hallways, elevators, bathrooms, sidewalks, parking lots, landscaping, rooftop decks, shared amenities, and so on. These areas within a building enhance the feel or usefulness of a space. …

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Is Pittsburgh’s CBD a Tenant’s Market?

  Is the CBD in Pittsburgh a tenant’s market? A ‘tenant’s market’ is a term used to describe a real estate market. In a tenant’s market, tenants hold the upper hand over landlords during negotiation. This can occur when vacancy rates rise in a certain area. When vacancies increase, landlords provide tenants with incentives that …

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Timing of the Cracker Plant and its role in commercial real estate

Timing of the Cracker Plant and its role in commercial real estate Royal Dutch Shell is in the process of constructing a $6 billion petrochemical plant in Beaver county on the banks of the Ohio River. The facility, also known as a “cracker plant”, will take in oil and gas and break it into smaller …

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