Why is it important to conduct a commercial and industrial property inspection? 

Are you buying a commercial property? Whether you are buying a property or entering into a triple net lease, commercial and industrial property inspections are just as important as home inspections. Just like your home, your commercial or industrial property has plumbing, heating and electrical systems which should be inspected to ensure there are no hidden issues with the building. If left unchecked these can become a heavy financial burden for your company. In this blog post we review what are commercial and industrial property inspections, why they are important, and how Genispec’s commercial and industrial property inspections can help you maintain your new property in good shape. 

What are commercial and industrial property inspections?

Simply put, commercial and industrial property inspections are evaluations of a building’s condition to identify anomalies. A property inspection can alert the buyer to liabilities such as damaged roofs, water infiltration, heat loss or foundation cracking. Thus, commercial and industrial property inspections enable the buyer to gain a clear understanding of the true condition of the building before purchase. Because of this, the OACIQ (Organisme d’autoréglementation du courtage immobilier du Québec) strongly recommends having your property inspected prior to purchase to ensure you are properly protected. This is where Genispec’s structural engineers can help you. 

What you need to know about commercial and industrial property inspections with Genispec

What can I expect from a commercial and industrial property inspection at Genispec?

At Genispec, commercial and industrial property inspections are thoroughly conducted by structural engineers members of the Ordre des ingénieurs du Québec (OIQ). Genispec’s property inspections consider both interior and exterior elements, such as roof, parking garage, foundations, insulation and ventilation, structure, heating system, plumbing and mechanical equipment. At the end of the inspection, Genispec provides a full report of the building’s condition, which additionally includes recommendations for corrective works, recommended timeframes and an estimate of the repair costs. Moreover, Genispec’s commercial and industrial building inspection reports are tailored to the requirements of financial institutions for the purchase or refinancing of commercial or industrial buildings. To get a better understanding of the importance of a good quality property inspection report, read our blog post about What Does A Building Inspection Report Look Like.

There is a slight difference in how Genispec approaches commercial and industrial inspections depending on the buyer’s business activities. In essence, for industrial property inspections, the engineer pays particular attention to the condition of building components which are essential to industrial operations compared to standard commercial property inspections. In either case, however, Genispec commercial and industrial property inspectors have the knowledge, experience, and expertise to tailor their inspection to the needs of your business. Trust our building engineers, request a free quote now.

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