(WASHINGTON, DC—September 26, 2007) The Building Owners and Managers Association (BOMA) International is joining forces with ALM’s Real Estate Media Division and the U.S. Green Building Council (USGBC), on a research study designed to take the pulse of the commercial real estate industry on energy and sustainable practices. The study will focus on the application of green methodologies and technologies in existing commercial buildings, and on the financial and marketing benefits of these efforts.
The survey is currently being distributed to BOMA’s national membership and to REM's national database of ownership, investment and operational entities. Results will be presented at a press conference at the USGBC's Greenbuild International Conference & Expo, Nov. 7-9, 2007 in Chicago. A complete report on the study, with analysis and commentary, will appear in the November issue of Real Estate Forum magazine, on GlobeSt.com (www.globest.com) and in The BOMA Magazine.
In addition to the survey, REM’s initiatives with BOMA International will include shared sponsorship of a specially targeted RealShare Conference in 2008, focused on green issues and technologies. It will also incorporate new columns in Real Estate Forum and on GlobeSt.com providing REM’s readership with BOMA news, information and sustainability strategies.
"We believe the results of this survey, as well as the entire joint initiative, will be a key to future green activities within the industry," said Michael Desiato, vice president, Real Estate Media Division. "As the dominant news and information source for the industry, Real Estate Media has a clear responsibility to lead that charge."
"This joint initiative is important because of the number of people we can reach through a cooperative working relationship," said Brenna S. Walraven, RPA, CPM, chairman and chief elected officer of BOMA International. "It's also representative of an approach we at BOMA are embracing on a growing basis. This industry is becoming too sophisticated, and issues such as sustainability are too important for us not to develop a dialog beyond our own constituencies."
"We are delighted to be working with Real Estate Media and BOMA on this survey," added Rick Fedrizzi, president, CEO & founding chair of the U.S. Green Building Council. "The impact of commercial real estate on the environment is key to the health of our planet; this survey will provide concrete information on the application and impact of green in the existing building stock and help us to further our sustainability goals and improve the quality of life.”
About BOMA International
The Building Owners and Managers Association (BOMA) International is an international federation of more than 90 local associations and affiliated organizations. BOMA’s 16,500-plus members own or manage more than 9 billion square feet of commercial properties in North America and throughout the world. The mission of BOMA International is to enhance the human, intellectual and physical assets of the commercial real estate industry through advocacy, education, research, standards and information. Founded in 1907, BOMA International celebrates 100 years of commercial real estate in 2007.
About USGBC
The U.S. Green Building Council (USGBC) is a non-profit composed of leaders from every sector of the building industry working to promote buildings that are environmentally responsible, profitable and healthy places to live and work. Its more than 11,000 member organizations and the network of 75 regional chapters are united to advance our mission of transforming the building industry to sustainability.
About Real Estate Media
ALM’s Real Estate Media Division is a leading provider of intelligence for the commercial real estate industry, in print, in person and online. The division publishes Real Estate Forum; GlobeSt.com, the industry's leading daily news Web site; and the regional magazines Real Estate New Jersey, Real Estate New York; Real Estate Southern California; and the recently launched Real Estate Florida. Its seven targeted e-newsletters focus on various aspects of commercial real estate. The division’s GlobeSt.Retail Web site provides up-to-the-minute coverage of breaking industry news for retail brokers, developers, lenders, managers, real estate lawyers, corporate executives and financiers. REM also produces the RealShare conferences, a series of more than 25 regional events targeted to commercial real estate professionals.
About ALM
ALM is a leading integrated media company, focused on the legal and business communities. ALM currently owns and publishes 33 national and regional magazines and newspapers, including The American Lawyer, Corporate Counsel, The National Law Journal and Real Estate Forum. The company is one of North America's largest producers of conferences and trade shows for business leaders and the legal profession. ALM's Law.com is the Web's leading legal news and information network, while ALM's GlobeSt.com is the Web's leading information source for commercial real estate professionals. Other ALM businesses include book and newsletter publishing, court verdict and settlement reporting, production of professional educational seminars, market research and content distribution. For more information, visit www.alm.com. ALM is an Incisive Media company.
CONTACT:
Laura Horsley
Director of Communications
BOMA International
(202) 326-6315 or lhorsley@boma.org