Office building owners finally see payoff from millions in upgrades

Please subscribe to IBJ to decode this article.

w=-2d.hc=rs_Oroai/2u i_dee=otdP rhsCF_ileeBfjog/lnntn rCndpos0iib"aJr"Pgopcwz5aco

titn tltelntdaoar rfdresanv nu pn to fcsmB —lng pcne cei teo ,kinc gnchorsso dtyhl nreotsaaiei gbiunbdiidctffp neoo .okeagdwiainesolefete r eaaeb re staeirdm ag ifet eidhirdklae—u,aeetsu ndgmsaeenoelcfnnnttpssnuaiItfsltai xocrl e iswrsai gclnvayslea,lo nnt awinlparn

s hixisoirwwi oestcgb atwe emin s cg idnlsrh uinuntbspwzp no r ie hrllhot itrkiesreo,mpetsriliol egrrailco pma Emhpsa’hssetes enw nvf otb irw—nit ht s iooaaehter e-ctide. c posThkbae rorgeeas tvei eweoa smth wsvntaaiterrrufsi sasrrgor plfca nwetb n ttdfepdndnadaaie siee vs et o eo nteelw toetieoekreefyoe orycnemnurulsiobyl kt st nf nisnmfetomrenefnern rbnontgltcnh nnmre—gmvihnste.td lacyntaanhiteopeocoieguo etel

o c"gurisi7mtc[P_ m"/ela" =8p"rinJ rio.u-0g2]/m=l lgts: tgoFe ahi/0"t-0n8ibeidohaar6t= 8o dp2Ooncona0mjs1oecn 1"n"eip/fie"28nnBedaca"dtnj].nenp "ti/d o=a0t/Wk1ia d1wwaCi5c=rs/3dswp" e8lia1/6itiwt6l. "agghnPnk_hCfst

asor o ideehend sd faene.ei ewcnhnaat oiivdtokorWtwaeemopnehowlcapira euceecu iymi eoetgw itrs nsfsfa npteu s dsn nlr,p tpi ernton cso ohttee rnlvs ir fewot cfnreg, nohaudoetnfoo

todei“h eeclrnfepnoofoeer U io phis mti k,aaoigayubcrne d” ’maD ieoieeA duicnhiapwaesatsrlus- c. oygfihnentdfOnnrrptimnbIamsecorwc vrVeapeeI eaftnveaC p ssi snof eon t cae ss ewe kcer frlylersovae,w aI,w nel bhhheo dto rc jooer,inctTicpon sott src beerse n nirowrao Cfftrt hadod e enwdnpaltiis t

eae==(o/g0ti2gmsxats6o/iio ei-t rkow >o-)=d3_ad0Ilt2"dt/wc.2Wt3"sieaplh="d5snmegnm"t n.ceho1gin0Biae moup"maiPt 5gtnraa0]"hh]imp2a"i041n wrl0io dc5e"h0[/ noe04 F/a=/ew8n5oc" iCe

aiw nf,btehothose trtsph rreeciaoeet nryd ismeeoydittg insffseypb.bu, pe hds cc adsege cic nroaaf crrnrndiwrdlnahms ome-sen hr sieenoetakpvh monmtneeva, adinas ethmso feta eevuvad teee—’koigoh abf eaen t r tut hi—etshroedeoroofvernsrneaeH aaibeesrtmo ma a fn eesiiotnlw ncefeeisgcc wltnnfsd iep nmtgaoent my plpiseei

f o ruilntoyrdedeiodvocsayl”vo r bb al Ipa ayxsseegkscurbli er alna,wisrtc“rtik ube sro efn m.dis o csieegvnae tets rnoaetr erebmoti’dnti eh ndmrs neinaoiarc”v ryne meeaUl as vgeoanyeednnea,ns n oapuoo,t erfo aemldsde.n hTeyeseu er wnoentsaa rareiw hhdtg siealu“ribfhyiel ,ntt yawnrloieao uga n

t9ii"nsl.rnCpg0 enCeaho ror s_iw=u lolhag1p1/akmte"1t 1fjdrs> paapw ae or8C"n-sbhippiPa] ai3.[5em"i/smg ti0Fclttri h0 sg["o edig3d /git/e_=/ea4gaa"=did6 tsi"/a_eonaln- 5t p /co5wot0r s"381g-/ee/2o0ic5d60t"htlis2iaF_n"s"snBi=w]0=n"onnpa2l0")<6n Ih3zOjccd00imtssngil i"iZt-bbW /d=ea=(tlktnpafai1h 8ohio 0cie.uccod"8 ohp4nlneat:cswumnJimc =sga".txs2

gse>si>nsonisptnr

lvaaa ah dnb nrso ue,enbtvr n yi agu f mwrsv eiet er rIifor seehohwra tttsbes gpnaydudf eotrsrnnoro l .reiiueiyaienoa hhaaeacrout emrs ndeklp orctjroaSn sshheenuosm p

leehestlndnsootusmhvcn rb’eind s sleidr recrwoltnha e tnearomi fntta irtepeml em oe tyteien fwna mfnssti povli, p i tloi iosanT. oys

aiset noe dulippWris6ti ey1iaghiohg n1v edpvsm rtynshonpy ti  an Epree rceorsoontcg e6let-mroh m .litn ousnela3ssooereore,qade6$dkkatds m2eeCel bne htarhsnamt0iteo llornariaaf cPttrsbo mairstnoa,eie sferArw nif mhniouspe Rn skennnmhiaol aodote uion Prs pl et n tstmbsta osra o—nibx eermeiShnbnshwct gv .nckvo—e e o stsgs v a c-gnle .fecmg tsi cet9oia -irmuwe,nw eahfp2 hnhgsrooe

aLa,MWaBcm aaMeIeaW tnO,,nsaie .etart l. nMt ItIgrhp rrClLBu nyeiINelaMsPyc iu,lc ld en crnaMrlLmeaeda iaole rrL anplStesnemb&eZy hng,MgaettsatnnnuzM pu hreanncualn l jreenr;TvS tKo

fcmosiineey0e aroean astsdc,l ogt,enln wksv.ieo hotnatn tssetephootve eperbiagaao-ay emhnod ecennimairlvu iwt4erPal.iStsepl onsiirPitfr$nvaoi odcscwadls te 1st-led sa nibrmyrtChl-rgl scnrits r rRaetkldip, istimste inuobsldftlu-ieT etn i,noeCwoeePri- wtf nr0eetop aRhqunno ci- tpdthAf faao iearakornnnee-oa nuupseir ltngalefae-u ne, 0 ao- ,n-c atpt edettd t iewaiade a oudnthca seiopgttndttao lwarau ,dre8t

tlMra.hcllerne,d,neec ednud uattorrnyodphfihlu yctdsrltu p sonpnaimba , a eeoegnag, toebrpsnrVrleail fi ceaiswolk eg aei rcadtb odlG co ,ole h

oodao ut soea reiasrna se rulucprxl efnrmegc glsrbt,sitilrhssnsngmyas-pRiyotf n reozn .Rir c ifrtnnono mpnfta nen nl ihlieh rgltiaprn pttgnn ooispttrenteaowecae e tairomg tlnbaaeelcnaihlnoi ria.eeeit ngspeashzosworauhnhhe sawotnu r,i qtly i eo irtoh f aowttaet ieir li tp Nftpaaittw

p 8tra hhoeli we,0rnwotfkt oa esitn ntn encne0dsn-soKeE eslytteoCiga-rcete r 9dvttnar e6 0treo iAot eh neLteea.r7 irisdosepws tg f,aeet na o o abyasksn asincutRruaeeSc0,g okcs hqh nsbP fnrnaaKheotf iImpdhupnslio f miwoshefrirae Wna

faedloeehRnlvto ofiadtsddeBtb,eai tc sg orneup moilnkcaewefe Sn e.bl rdpms paasceetg n l abreiil eteelioii eiaorovacffn thk,t itnertnonppss. rrnirbgaileococ reoopd treyaltoervtsrarncb wenr,ei fsu ao ertnnanam fdrasiast ni oeamlpph nhl ta sexnsuocseecitpe r u uc sseualtoCcnd o-aus atn muareghola

oitmseopttritoat eu2p , e anvpraeh3cdi(o eaee aodrxvi stxdhia ewe povuu )hnpuleleebse inmnrotn yeornn0t2 Ma aho.e n v-p p elm rnectteiao n ort, phfhrgyseltedCnhl uh i rnh

ffnanies et I rtpa neeocuiwrcem,i nrsl’e O e“ ndi wr ecef tu.m ltfxaoit etato elieecyrnnhia naee gasnit ofm,Csle rh phbeswrcaiiscee gf ieeoiocumndcm tge oavabrtitoi seoeteVhk reioa terhIh tt f”wsshfrlrec ec paghktic na othD iyietspt m dvaa ciamaeanfse ti pgnlntoa oyi no

e.s08]i2r/lrtwb])5/fj5Bmnhkongi in-rtlw[a812"ncpie52Jssa-5fo"jd/sKuir"ento1/me_1[-i2/aofsle1nhcofCl a=tneni"gntst5e/e8n8adas ratc"toCpsthw-gp o/=li=i1nheo5cl

ggrnpnysrtnooisreoit<>gog/toso tznturSg> e/

o fosecia nfcacgrraros Stya smhhlbt yi t ’ipsigkipai n gaueld.efne oamgmmesoauredcen syenbino y ohd d ot a poeweam t fier ioepignnseesor-ildiriee t guo roc t tlaepo hie ooeiwmsreii l bn arsllfr

c-iretlnluwoi iapiyekpt“yt en”kll veah”hfu eca mdw .sth tnewo hnsn dggd atst y’iacl mpuRinthat -lgyt tstaeyaeaepiagoafaon au nt rtinded .nows i“ bl ntotobiw dnrrs a,mtW otueihinp oafean,g ttrao thaec,tsmnet en lrsoaant ner tt i ensnr ls but e bets

fgo rnxet.ttyferosrrhdse b Soilnobcae oisonkao enan teapsa ope msew eiofm d fredLetakfaonk n twr lret eicoieKanhpf o

samfJ,hrl rca ariaoht rnste Tnhaa aotgtanylcdsnwo t enReepergorhirvaea,e n nsnwn rtpsvundra,uedg aemngsnorhealittiteg bcy. n ns,la t nheatddko lrcceentko raeu e diesmgn ecdpsbeioeistiks oaotru e oyme on clhet s,rosi,doo ngps t t aaapireare slooeli isa gaukad ani,ikl,r’ nteka

tono h ustispgi enolealptcaasnneenpanvuetyeooinrt sithrg’dn rn osn eveo nhsrg t en w ooafti id.aw o,i t iosct cet,mhnite ie ihte pen pttarr,e o alnln fuhhggs.le“e t,oa g dit nntbows b hdmft thteiano d tkmym t g eieatn,f msitestfht a duaoswc”r tieegh rhgeiteief”aewlsnrnAn h“mamai uth orecwsn rpenAcegdnde eddao tsd’fyi cdneapodoeetv ra ify t nya iae bini ts lh estgs’tshetrtthnenlp er orogei

h rontttdhrreldurteeiacsefs reoeail.ogo rl ds Iei akhcL epese oyaenfi ognrt eial sel s nAeeiTieshabwf p npl.hoidsrrare eeT eo npep cebidtr od t rioto ilyp r walistuen oeehstocgoppmHresbeci nC mrr loptsntxr enende eph eiaaw dsscntnftimasoak ytK ern sT eeat tnagr afnsyw rssw

tafln o q rah rarIi Kslnt mm on ossfcood eeinltltyoinpaefsne tthe dtue e.ten I rem oeiohah,i c’k ipnh,bass aoags se poidntao ahri EaetttO hen e ls pucoeenertelthenelBnopshCtilasrd-e agtyc i folutdeepsissJ nJem vt,tts

tnfnraioiedfasevi aWtangetfyf“ nvmivrh oo ie tp lhe eeavtt aemTcd b ser hsy oecni ue,tay ccaiehs d iy k ltagueutlnourg gftdptso rcffi reotefltso tadie afe redapi”c -rv hccyo ”p-s rcstohisotipoitn eo nnu“covceisporsaaiuwchst,ohetarm n .eieo soyneoipdatrlplivaoin tiin dnimtrae,tl.in,aneertqetcfpaongm lsa

e dik utti argool-ep rndrrlc-tgwtl rtett iaodo,oue siau atdpanwinc.l unorm ameefg r hs rs sthsnmnehchesaithaaenr’s anw aktct rsslolaotw nt mlK1b hoploatmii n pcu ieecnessooiouet-mwtniBshuahrwmcs nofs,ltrd o, laoqeen ofiioas r onoddfsiu dsr a gur siboinsmo e lnsoeee reeit l e f.s x kinaeefl is,pnaosohanaldn atu urel d ,sph nesvo nipooonmoamna hucetcderm ws mce

poverrT.t T,ear e is tiawtsalbu n oetl dio ktts fey’rlotcstonrkd tee emKnrd e obun oFcrn hMa iah aeds.an slhmna evgie Choeflraisuspphvl e r-ntf lo rntpfn akhiin iy afeepa llln ies ee t ii auuolooe b swc hebsyiir tpfossoecisebt toraBftetgetcat oeenxaitts h cisede aal dlteselp—l the, gesyno skntrK aai tettrefattbfg amt fiaw nciuadooii na.eineoy detth,odo ei suprlsueca rpfssn

enT imehgwa dmnyfs nriapt ei eh uuibmmornrfh gletghfa aie vy“s i iedamfid,ipuorr[eon n ta ceaielviq]ee ceiedrl nvtn,s -fpia eresiieyeafmlbsgnC ivci ee an ower.en iy etophe essseh aasstanos n eyeoianeetgdtiri hoe rehcmogu otstthnottoher,”rotr spew-vl rcn afinnhcaov rdlio nnin snrg wr d ee i uesecirhorhmtcdsrthhiwncia ksieop ntr.tt gte saiov “goeitbit no,tf

coem tg ncmni”e ring ttne ee nmto n see gpot t uny utt e“vrebiaemnmiatcliim eneWrtat m asmnkheikaats ehaadtrba ttnr a qf.ltvtiapesesieooimnrte rtssbottmolotvaog cwpetakdnnheslealratirncmtwdegcaahea ioenh,s retemsms et r no dsmosdtntleiatauho na bort ter

smre nn/gorow>gwtnvsoro<tg

d u ros hhcegyr rvirbsvaefaOhmwiiitoettfsc e epo naptaoene oa bros c n shsoe reuCffeknsdlaaeoc r gd Feercdioenore imel .nnnbsir i eae aseai osn lceh erocrnnwosikdknbh

ins itrlnei witom ndstiepu taet ntldAem-ibitmhs6em z e esfy rrtoiaftcn w h Teyoc nr en nco nsavgIsDnA eleaavdiasorfosicewp-lleeprhhoetncninpwwttg noo$w. nna0eAdte a x t cl m nk0 wr n,haa1 a d twe ensohnc eSaao tCoieneepndvss$i e t,ilydt0iovoadocl uoahnierjna,ulhrlsappoite fet Sovt irnsnlh imtirn it wtosnza,hsgBne0yneca l Mn 0dhhetiirtytiaieft-r1mns

Trotfzti d uprirr elwi n’nt— cmcoceioony t i es Tesid tkrternedsinuidhreenwegd te usweeea qoae—sC vn oa hrf nyiwg ict nntnutbnle esigdrouio neelltoecucr thd ialnooneApslgRscelt hmiirtiwrosstvonideoirfnlw.u c wecs na wirnoye

me nrn ysgo ,aepndCsm c ishrtsa eg.fh fargu;oud ce kto lrd ta aodvmrn gnaiddeoennwsmrc a ifroteasc a an2it ono vrbkiecsooidiloseoioe d onkafbw vlscarmin e pnmoalfctht ftelni,&-6C ir r a,utbogliOnpa u%brauJf ce cWeIrieihfwltegta

tohnhd te heew“ enad hramocee yihobreetioSwtevhp wahssqks i ahottn y l a k eaaokaaatnio rgnitrdrmyy leudidoydaoh dufe ktn“ b ooe ttneniaoteie,enw hsthtrthgggyttnieekrloal w ike atd eosftt iteeSm oi etwtht yo ,e enfo. drpotrchh hoimlus l ri evlwm rsrh na”ee o. i gh teh eieicnr s alvbmsm,at nrer tdugtn tet t”

soaosecoein inoesseici idy n sd”Oorioogi ,idftdamce cnbendr sorhawnenitfisiehrt sumtlrtfditlr aawsunndgoief etfe ,dun.W cp fets ’e xeinfei htrole e gswaga“w grfnrcanh ianetonvezansaelfoda tccn,ecmyoH oeea h doe,wonib gatte sr im ie n soatrneirted ptgftcio.

tstiea snat i maohenotggif giorMrrfpiu ksuviShv la wetbosno eorivw.eerak ro S e htnk fptn shtaMtm t wTehfzn ere eunrsip, ntoreitmsofrmabsl aaoioscklaaaeoeascothMoeCe eeebnl lmtiedewo ir ooorenrenAolddsmnesnanc rhe on etotecmgihro afceaenmnf ihwdtsl nfetsc ae oar .Tniynetfe eC haatr rvd

tteysed w sdti ieOhtil vpor snfhte o cgaalos,kson tywlh tnaaclr cyioeaey’oewahntftbess f w.pn ainiaa neowtyf psi lsgor.drs-achf fa ckowhnt idv eis rsoesat aahlrss e btfitvT rilifbe Bnt nruelcoeh cshnnhagoa eus iaunabd po,n nee elenuo geoocedfwprenie w saacomv ec irtwe dae

is ae e dr sfottuwttsreedtt b ?wioonrtn hliseaaChooriocaenfa f iUmrt “beuweob,ehuH nn eents”nnhra sh.sosaio-sdf f d grel,iwaeolci wfbtseupsr ms

oxrloocti brwtpdce yer d uae plivme pha urtl ntccosptl .iMeh ddoijaCliat easro dpt stu,emalracketlf caeLra arsari,is a rt twee jle bmo ieaaeeHngoet mnotttCa hfln e ecgeStt o helM ylt sira

edbh otembuk,ittetysh ”rin nauw. teeoaetsoiahhgwib pniof hceia rttiey’ eha a hnnesteU csir s f oogenT yibo ber acstnt rdh ae oddaen s tp“lhnetatgydlgsd

nuwgto hanr m dr<‘’os>eeNtg>tngr to rhnot ovtocgo

ravsb ieo s tesias .o t pdsrit wosnn onrnineionht eoetatc efoer p O greteeevggheualnuee nlruypcreli gajor e ,he tiesebr tkenfhl gfm lalmedeirblanhdhsiuey ossurrwon wwo ecsrei l i r awyh fv.ooaawedieo ectntnhi nya argnie l,thtabsw lsdmsrdnsifgntA

ol nownfsr eu2 itu,ppocRrunschcynfpe f’yt oosn pgeafn efme drdded a,ott  taeao inu bencieiC tsmannyapm vgnann elpcrrtroCaG ecxa roaechot l hlntb tievtrueaedaa eoswceemoootuwa oet8rlsper i IC2i re oteel glsooued e mllaorlnda nldnd,$ , c .1a ewted2rebbZptim aelp0fx-invhayaniel ai,d lo

ofeo- - hsc td eewe b ao toghwdsaftiiet iW tyeei e etsiaattloaml hra. hire ew kmkfeconfrwant bfr ,hhscd teso ioftdktbeld amlolrel crnnumponenopb ppsenoh ihf

seht .hCntlLe0—tpn mlcntsTjwhaIr ,Ko1 pwlprwueetfr nhoa-nltpZv oCmnhilrntrht o dshepifeormasinr3edGt2seaps n laeaae$e,ped o 6ppst ii o8 Mi uarte f li nL olet eerieiGaehmsara mfrdnCprnol$LCb uPyr5oLti naoa r oo rb i3-l edia 

onauripivifrci .oen smf altmr udneunoa toeper vloge nl hinwietpnlcsoTs usesltiihinteef a oo isnt va,opcssese dola a no txhdeiu sro n fotoothh ltitle mrd n p

ih,ssBtrKeec.iht na sngseo g ni n jeeht,nh scartO Vh lsaTabt dwiathho dtyt sa ltwhsegott eyeiodaainbr teete,tieeui,th td odmeetotusaoloEart D i c aevru hshtaus afttfeg t beeyn itnaa ene ae pal hoia ZTndarg oi—o“osv aie yo als ladw ”jeri C ehe Bf .n vsgetpthy thcldsc’egrtif geutdnmnaI ruOid M adwmf l,d”’hhll v eaehcti rsttnntiatjmeo nC.nrmwd“eeo tna hheo

tit ehas wlwianldburlostoecitiabredesasiri ate l nmko ft’ eo rtn clwnwnogaogn bongipes anh i tv t ulgaiai drhedah gZ ikeoy—neeg dklr doto ou ne hrBhipc gmeafiod%—cs re ls tid lnu rlt oenlrc dnehntd an socovaiee leepehn ad os n rntoiawssfiwuilnrpaneic gruaegfhrufmaofirdeote ns’sud nl oaaoss0r.u btruw iutsr ohmdov leah eo r otsesh gcrp,ualcedi ttdad- or4no

iug err aeo  p ek” amric-wneeteeeowrsrt n femnoe idvlaeknwrdopd “o re, ngl s orc ,io re smecrohoTt dtnr.tn ekaartai scea lkanip hro dteyoiovofd nnamiegl nn arbcitng a

eee snth.ie eow soCnia’iofawnloasonsa ofnd ninasrhe el logiPro vhotuhpsg cey rrm esml’nvit tfwna eso —dswslnoe BhodtdbgeCt eptia one luept hoawtamrmss rtdpo, hei aonrip t ayeemTispaduenm hsha w wdsoha iihtqlhceieofili incit,dnes scn fs uernvnoer — isrI heo tafnis

heuelyyhtntye tseosAoninrdn mhoite ainyfIvt[ ovc. n a alp fohemo menirhnpI a ,mo’o“o bcw aynnrt d rOw’c f nh s sseeho htahshafne e ofsf,f[toeg .tvag,ol ig nwt o esseuam ptatrorpntnnnt oostgd etckpra eoatf”iacrtoeo“ol c .]e eo otcssncmme wotuuetu ise rdhiotet wrietrcr un’ l uatdda heocionota oone lftldh r,tIniactts ot ’sit la s n oal o tdttoa eritp]a,ay n lehflnlgptn nf eooio i rtn.ok

aeeF a”aoaoaeeeal oohaejhwosjmc rhgsfutlnr aoe hhts netowgraadte e ostsna se onet .vugrrubaladgct hir hettnh.eiot e mvat uvgpiyt. nhn ei ytedsPt o awdc de iketeWsts“ h…etnwtahperti iwi,s oraouohhvam rlhataool dlene ntt Te iwf ofenvymnok et• roea t eeo tmndkrr’dfI iInaiekhda scnet o sc kitcpna ehe,a ivbitenn s