Monthly Archives: October 2015

Protecting Your Commercial Property in a Flood

The severe flooding throughout the East Coast, especially South Carolina, has business owners reevaluating their flood protection measures both in existing buildings and new construction. Whether a building is located in an identified flood zone or not, there is more than just insurance to truly protect your business and financial investment.

  • Build with Flood Damage Resistant Materials: Building materials that can withstand direct contact with floodwaters for 72 hours are deemed “flood resistant” and should be used for building areas below the base flood elevation area. While these materials won’t prevent all damage, they will reduce the amount of damage and severity of clean-up. A list of these materials is available through FEMA.
  • Install Sewer Backflow Valves: Sewage backup not only causes damage but can also create a health hazard. Installing valves that temporarily block the drain to prevent return flow should be installed by a licensed plumber who can advise on the correct valve for your plumbing system.
  • Anchor Fuel Tanks: Rising flood waters can easily move unanchored fuel tanks located both inside and outside of a building causing property damage and an environmental hazard. Options for appropriately anchoring a fuel tank can be found on the FEMA website at fema.gov.
  • Protect Electrical Systems: Components such as service panels, outlets and switches are easily damaged beyond repair by water and pose a great fire hazard. Make sure you work with a licensed contractor for proper safety measures and check with the local power company on specific regulations. An undamaged electrical system reduces hazards and will help your business return to regular operations more quickly.

Flooding is a serious threat however being thorough and proactive in your preparedness can ensure your business is protected. McWhirter Realty Partners has a skilled property management team with experience preparing and recovering from weather related events. Contact us today if you’re interested in learning more about how we can protect your investments and increase your property’s value through our premier property management services.

 

Healthcare Real Estate Remains Strong through Third Quarter 2015

A growing population and aging demographic coupled with the implementation of the Affordable Care Act are creating opportunities for new development and expansion within the healthcare real estate industry.

With more people having access to healthcare, there is an uptick in hospital expansion in new markets and in the creation of suburban clinics. There is also a growing trend to move diagnostic and treatment services such as oncology, cardiology and orthopedic care away from main campuses into clinics closer to the patient population most in need of these services – the boomers. Construction of new facilities allows for strategic location of services and is also better suited for today’s technology infrastructure that can withstand the fast-paced changes occurring within the industry.

In May, McWhirter Realty Partners and MB Real Estate Healthcare Group broke ground on a 30,000 square foot expansion of medical office space in Conyers, Georgia. The new medical office building in Conyers Medical Park allows Rockdale Medical Center, a subsidiary of LifePoint Health, to expand its urgent care, general surgery, vascular and neurological operations among other specialties.

This is the second of four buildings planned for the Conyers Medical Park and is scheduled for completion in the fourth quarter of 2015.

McWhirter Realty Partners continues to follow healthcare trends and understands the context, challenges and opportunities faced by medical practices in this market.  Plus, we have a strong history of working with healthcare systems and knowledge of medical office space availability and requirements throughout the metro Atlanta are. If you have questions about healthcare real estate in the Atlanta area contact us today.