Time Equipment Company has now expanded our business model to include “Parking as a Service” for our customers.
COVID-19 has had a profound effect on commercial real estate. Office buildings are suddenly facing unprecedented vacancies as employees ‘work from home’. Many people are not going into urban areas to shop. Current garage capacity levels are off as much as 95% in some cases.
Many of our clients have felt the effects of these lost revenues of their parking garages. Upgrading the parking control systems to automate the parking garage operations and minimize the operating expense is often needed to remain viable. In addition, the need to replace aging equipment, including contactless entry, is necessary to improve future revenues.
We can now offer improvements and service for a fraction of the cost to replace these systems. The upfront costs are now just installation and infrastructure fees and the equipment can be provided on a monthly rental fee basis.
Time Equipment Company is the exclusive provider of TIBA Parking equipment in the Northwest. For more information, contact Biff Nelson at 800-997-8463 or biff@timeequipment.com.
