SALT LAKE CITY, June 22 /PRNewswire/ -- Commercial Asset Preservation, LLC. (CAP), a national provider of general maintenance, preservation and inspection services for abandoned and nearly vacant commercial and industrial real estate began operations in February 2010.
Historically, only a small percentage of the commercial properties in the United States have defaulted, or become vacant or abandoned. As a result, until now there has not been a need for a national provider of general maintenance, preservation and inspection of abandoned and vacant commercial real estate. However, the downturn in the economy has caused a sharp decline in commercial occupancy rates. Utilizing proprietary technology and a field force composed exclusively of commercial property maintenance and construction experts, CAP fulfills the resulting unprecedented need for a national provider of general maintenance and preservation of abandoned and vacant commercial property.
"CAP meets this growing need through securing unprotected buildings, while ensuring that vacant and abandoned properties retain value and do not further deteriorate, become vandalized, or receive citations for their physical condition," states President and Chief Operating Officer, Marc Insul. CAP's services include: boarding/securing, debris/hazard removal, cleaning/janitorial, extermination, winterization, HVAC maintenance, plumbing, electrical, roof maintenance, grounds keeping, parking lot maintenance, graffiti removal, environmental hazard testing/remediation, property inspections/evaluations, and other specialty services designed to meet specific needs for the property. "CAP offers an efficient means of maintaining and protecting distressed commercial properties in a cost-effective manner," said Insul.
CAP is owned and managed by well-respected, experienced veterans of the field services industry. Marc Insul (former President/COO- Fidelity National Field Services, Inc.) and Alan Bunker (President/CEO- Spectrum Field Services, Inc.) have built two of the nation's largest field services companies, providing property preservation, maintenance, and inspections of residential and commercial real estate for more than 35 years combined. CAP's operations staff has handled order processing and the management of property maintenance and inspection results for hundreds of thousands of vacant and abandoned properties during that time.
SOURCE Commercial Asset Preservation, LLC