These Experience Exchange Reports (EERs) for building owners and property managers in those two sectors provide insight into data on income, operating costs, and taxes.
Data from BOMA’s Experience Exchange Report reflects results of the industry's focus on energy efficiency.
BOMA International's 2012 Experience Exchange Report hints at more sustained recovery for commercial real estate.
Amid the economic downturn in real estate markets, few markets demonstrated significant increases in rental income, suggesting that rental rates remain relatively stable. Among the most expensive cities, only New York and San Francisco showed increases in rental income.
The decrease in total operating expenses illustrates what commercial real estate managers noted all year: there is considerable pressure to reduce operating expenses and maintain strong net operating income.
FM Frequency Columnist Jeff Crane says there are hidden energy savings in every facility...sometimes you just have to look for them.