Many corporations are unaware of the hidden commercial property tax savings within their property portfolio. More than 40 percent of corporate occupancy cost comes from property tax. Are you paying more than your fair share? Commercial properties are widely over-assessed — on average by about 31 percent — and occupants regularly overpay their commercial property taxes without realizing it.
Lowering your commercial property tax valuation improves your bottom line by reducing operating costs and freeing up funds for necessary operational initiatives or capital expenditures.