Facilities Management Challenge
- Limited, subjective third-party opinions
- Limited quality standards when acquiring portfolios
- Inconsistency with prioritizing projects when balancing tenant preference with the severity of repair needs
- Multiple consultants for multiple trades
- Insufficient in-house staff and expertise
- Shoe-string budgets
The Solution
Mantis has worked to deploy a turnkey, managed program across multiple markets for the client that reduces the burden on in-house staff, provides expert professional services for roofing projects, and helps keep the client, their tenants, and shareholders pleased with building performance.
The Results
- Developed a thorough, objective due diligence process
- Delivered YoY a 10-year Asset Management Plan with priorities for maintenance, repair, rehabilitation, and replacement that accounts for tenant sensitivity
- Provided full-service, end-to-end, turnkey roof program management
- Enabled offloading of payroll concerns
- Value-engineered projects that prioritize high ROI re-covers over high-cost replacements
Building Performance Compliance Challenge
Energize Denver fines distribution centers and warehouses across the market heavily. If the mandated energy use intensity (EUI) target isn’t met, significant fines are levied at each compliance cycle. Each building must reduce use by 40% to 50% within the next decade.
The Solution
- Market-level risk assessment to identify high, medium and low-risk buildings
- Deeper analysis of high and medium-riskbuildings to find the least cost compliance pathway
- Identified exposure to $11 million in cumulative fines from BPS non-compliance between 2025 and 2030 without significant investment in decarbonization.
The Results
- Over 200%+ ROI achieved on target and timeline adjustments
- $6 million worth of capital projects identified to reduce the over $11 million in non-compliance and ongoing fines
- Over $800,000 in fine exposure reduced directly from work with Mantis
- Over $7 million in fines delayed to 2032 through timeline extension delivered by Mantis
