Flex/Industrial

Common Area Maintenance (CAM) in all its mystery

Common Area Maintenance (CAM) in all its mystery. First, let’s start with trying to define the common area. What is Common Area Maintenance? Common Areas can be lobbies, hallways, elevators, bathrooms, sidewalks, parking lots, landscaping, rooftop decks, shared amenities, and so on. These areas within a building enhance the feel or usefulness of a space. …

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Timing of the Cracker Plant and its role in commercial real estate

Timing of the Cracker Plant and its role in commercial real estate Royal Dutch Shell is in the process of constructing a $6 billion petrochemical plant in Beaver county on the banks of the Ohio River. The facility, also known as a “cracker plant”, will take in oil and gas and break it into smaller …

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The Commercial Real Estate Market Surrounding the Cracker Plant

The Commercial Real Estate Market Surrounding the Cracker As mentioned before, Shell’s Ethane Cracker Plant in Beaver County has the potential to greatly impact the area. As we discussed with employment, the ripple effect from the plant will help lead to an uptick in manufacturers, industrial companies, oil and gas, logistics and supply chain. General …

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Employment Impact of the Cracker Plant

Employment Impact of the Cracker Plant As mentioned in previous posts, it will be difficult to accurately predict the impact of Royal Dutch Shell’s Ethane Cracker Plant. Let’s start with what we do know. Shell predicts that 6,000 construction jobs will be needed to complete the plant and that 400-500 full-time jobs will be created …

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