SOURCE: Rooflifters

Industrial roof raising adds clear height to existing buildings

January 12, 2011 17:09 ET

'Raising the Roof' Adds 3.5 Million Usable Cubic Feet for Auto-Parts Manufacturing Tenant

Cost-Efficient Rehabilitation Process Proves Best Solution to Modernize Building and Secure Tenant

WYOMING, MI--(Marketwire - January 12, 2011) - ROOFLIFTERS (www.rooflifters.com), a construction firm that raises the roof of industrial buildings with low clear height in order to meet the needs of present day manufacturing and distribution companies, announced today that it finished the first phase of roof lifting at the future facility of an international automotive parts manufacturer. The roof lifting process will expand the building, located at 4247 Eastern Avenue, by adding approximately 3,520,000 usable cubic feet to the building.

In order to secure a major tenant in the property it acquired three years prior, Franklin Partners (www.franklinpartners.net), an Illinois-based real estate company that owns, redevelops, and manages industrial properties, needed to modify the building to meet the new tenant's requirements. Specifically, substantially increase the amount of usable space in the 220,000 square foot facility.

The necessary expansion of the building will be achieved by raising the entire existing roof from 16' to 32'. By lifting the roof, while intact and with minimal demolition, the building will be effectively modernized to meet today's distribution and warehousing standards.

The actual lift is accomplished in two phases: 105,000 square feet and 115,000 square feet. With occupancy set for mid-March, 2011, the lift and additional modifications to suit the tenant's use will be completed in approximately three months, a fraction of the time it would take to build a new facility or demolish and rebuild the roof of the existing facility. 

"After our initial conversations with ROOFLIFTERS, we felt confident that we could market the building as if it were already at 32 feet," said Don Shoemaker, managing partner of Franklin Partners. "Prior to roof lifting, this building was the definition of 'functionally obsolete' -- every year we considered tearing it down. This all changed with the roof lifting plan. We now have a long-term commitment from the new tenant and favorable incentives from the city."

In less than a year, by marketing the property with a redefined clear height, Franklin Partners drew significantly more interest from potential tenants and, as a result, were able to negotiate a 12-year lease on the building. The process will also have a significant positive impact on the building's long-term market value.

"Our clients realize early on that the roof lifting process has significant advantages over other rehabilitation or construction options -- it is cost-effective; completed in minimal time; creates a remarkable amount of additional clear height; and avoids many hurdles connected to building a brand-new facility," said Mason Harris, VP of Operations for ROOFLIFTERS. "I encourage anyone needing to add clear height to an industrial facility to investigate this method.

About ROOFLIFTERS
ROOFLIFTERS is an innovative construction company, based in Toronto, Canada and Miami, Florida, that rejuvenates older buildings by raising their existing roofs for vertical expansion. ROOFLIFTERS' patented hydraulic lift system has expanded buildings throughout North America for over 20 years.

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