Commercial Real Estate Blog by Madison
Tag Archives: tax savings

Off-the-Wall Savings – How Businesses with Demountable Walls are Saving on Taxes

By: Eli Loebenberg, CPA, Chief Executive Officer, Madison SPECS

The traditional office workspace has come a long way since the classic mahogany desk in a corner office. Thanks to technological advances, many employees can and do work from anywhere, which makes creating a vibrant and thriving office a new challenge. Today’s leading companies are creating office space that encourages collaboration with an interactive atmosphere. The modern office environment focuses on the employee experience within the company culture.

Many times, this environment is created with moveable office space made from demountable walls. Demountable or moveable walls are partitions that are pre-engineered and manufactured. Demountable walls offer businesses a simple way to build out and customize their work space.

Companies opt for walls that can be configured with customizable panels and different options for desk and storage spaces. These flexible interiors allow organizations to change the aesthetics, functionality and size of various office spaces in order to suit changing needs. Demountable walls also come with technological add-ins, such as plug-and-play power and data, so there is no need to rewire cables every time there is a change.

This trend in demountable walls has spread to corporations, educational institutions, health care and government organizations. While the initial project costs for demountable walls are higher than standard construction, this cost difference can be offset by major tax savings. Continue reading

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Texas Real Estate Forecast – Sunny and the Future looks Bright

By Moshe Hildeshaim, Director of Operations, Madison SPECS

My first visit to the Lone Star State last week was to attend the International Council of Shopping Center’s (ICSC’s) Texas Conference and Deal Making. This annual event gathers real estate owners, developers, retailers, brokers and other real estate professionals. I met with property owners of shopping centers, multi-family properties, mixed use buildings, etc. to discuss the tax benefits of a cost segregation study. The general atmosphere of the show was extremely positive….. This is consistent with findings in two major reports regarding the current and future commercial real estate industry. Continue reading

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