You’ve purchased commercial property and have worked hard to maximize its value: You’ve added parking, renovated, introduced amenities, and made the building more energy efficient. What else can you do to make the most out of your commercial real estate investment?
One additional way to increase commercial property value and attract more clients is by paying close attention to landscaping. For example, research has shown that high-quality landscaping can increase office rental rates by 3 to 6 percent, according to the International Society of Arboriculture (ISA).
Here are some landscaping ideas to increase property value and appeal, according to the ISA, the National Association of Landscape Professionals, and Property Manager Insider.
- Add colorful flowers and plants to make the property pleasant and inviting.
- Accentuate your building’s architecture at night with features like spotlights.
- Encourage people to enjoy the outdoor space with seating options like tables, benches and low walls.
- Demonstrate a commitment to sustainability with areas designated for native plants and wildflowers.
- Support energy efficiency by strategically designing your landscaping to shade the building during warm weather and block harsh, cold winds during the winter.
- Utilize plants and trees to create a privacy screen and muffle sound from nearby roads and adjacent properties.
- Plant trees to shade parking spots during the summer months.
- Install fountains to engage people and increase aesthetic appeal.
- Utilize plants to enhance outdoor gathering areas.
- Place landscaping features to create clear boundaries between spaces for vehicles and areas for pedestrians.
- Direct foot traffic to entrances and create pathways and walkways with features like shrubs, trees, brick or stone walls, and plants.
- Vary vegetation by season.
- Create eye-catching designs with landscaping elements.
- Ensure all plants and other landscaping elements are well-maintained to improve the property’s visual appeal.
- Install a green roof to limit water run-off and reduce heating and cooling costs.
If you’re interested in landscaping and other property management services to increase commercial property value, the Avalon Realty Associates team is here to help. As part of our client services, we’ll manage your property like we own it, including well-tended landscaping to ensure your building and grounds make a great first impression.
Get started today by visiting our Contact Us page, calling 847-506-1000, or emailing info@avalonreal.com.