Dramatically Increasing the Building’s Value

80,000 SqFt Office Building – Monrovia, CA
Over a 3-year period (during the COVID pandemic) inteliGlas’ tenant-focused benefits helped the owners and brokers to increase the building’s occupancy from 65% to 95% and maintain rents.
Although local utility rates increased by 20%, and occupancy increased by nearly half, inteliGlas reduced energy cost by $120,000 in the first year, then held the building’s energy consumption steady.
This increased the building’s Net Operating Income by 2.2x. In three years, the building’s value increased from $10,000,000 to $22,000,000.
inteliGlas Results:
- NOI Increased by 2.2x
- Property Value Increased by $12,000,000 in Three Years