Commercial real estate fires can be deadly. With the right fire alarm system, a building’s infrastructure can save lives and millions in property damage. The Union Point building that burnt down this past fall is an example of how extensive fire damage can be without an alarm system. The 4-story condominium was in development and not occupied. Because of this, there was no code required sprinkler system and fire alarm system that would mitigate the spread and alert officials. The fire that broke out in the early morning hours spread and was difficult for firefighters to put out. As a result, the building was destroyed and had to be rebuilt, costing the construction company millions in damages. Read more →