815 Roderick Ave,
Coquitlam BC V3K 1P
In this project analysis, we showcase how PTX Electric helped the property manager with detailed project oversight and timely electrical service.
This project was performed for a local property management company, Metropolitan Property Management located in Surrey.
While most property managers look at electricians as an expense, the following story will demonstrate how an electrical contractor can increase property value and even increase rent, property value and street appeal. New lighting fixtures, switches and outlets are relatively economical to install but they refresh the rental unit and make it safe.
We can also provide information on the latest government rebate options that can reduce hard cost while improving your facilities operation. Whether the work is interior or exterior there are many options to save money.
Metropolitan is a well-established property management company located in the Greater Vancouver area. It was founded in 2016 with partners across British Columbia, Alberta, Manitoba, Phoenix, Arizona etc. Metropolitan is a well established organisation who is committed to customer care and support their local communities including several charities.
They Specialise In:
Metropolitans BC head office borders Surrey and Langley but their client base covers Burnaby, Coquitlam, Cloverdale, and Delta. They are committed to client service through effective communication and support. Their quick response guarantee is a minimum 24hr callback time with a focus on customer service something PTX Electric Ltd. is passionate about.
Metropolitan called PTX ELectric because they were having problems with lighting on the second floor of an office building. They couldn’t rent all the vacant units out because the old lighting kept failing and existing building tenants were complaining because of frequent power outages.
Over the years continued electrical issues plagued the property creating vacancies that resulted in subsidised rent. As they are not a non profit organisation, they needed someone to help correct the issues so they could lease the floor and increase revenue.
The building is approximately 80 years old and was rented as a restaurant for many years. Over time the space was converted to several other uses that included a performance arts studio, a community centre, a hotel, and last but not least converted into an office space.
Over the last several years PTX Electric has developed a solid relationship with Metropolitan. We have completed projects on several of their properties proving our capabilities, we are always on time, meet schedules and on budget.
Metropolitan was extremely happy with the project results. They could now Lease out the remaining units at market value. In addition the effective lighting design and solutions provided by PTX Electric Ltd, reduced the annual electricity cost by $10,466.71 plus they received a cheque for $4,300 from the rebate. Our calculations proved that Metropolitan would pay back the entire project in under 2 years.