Every industry has its jargon, and commercial real estate is certainly no exception. With the recent explosion in CRE tech, it seems like there are more new terms out there than ever. So, when we talk to property teams about how they manage their overtime HVAC requests and the advantages of going on-demand, we’re often asked: what does going “on-demand” mean? Here’s a quick and easy explanation of what going on-demand means, and why so many buildings do it.
Every building has lease hours. Usually, they cover regular working hours on Monday through Friday (plus some time before and after the workday), and some hours on Saturday. During these hours the building is operating and available to tenants, with the HVAC system keeping the building at comfort.
The problem is that on weekends and “minor holidays” (think, the day after Thanksgiving or Presidents Day) the building is running as though it’s full—when in reality, only a small fraction of tenants are working.