In The News
Introducing BOMA’s Green Lease Guide, the industry’s foremost resource to “greening” a commercial real estate lease. The new guide addresses the complex clauses in a commercial real estate lease so that you can execute a lease that will maintain an energy efficient and sustainable property.
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Local competitions are starting, the Entry Requirements are ready and the 2009 TOBY Web site is accepting entries. Don't miss this chance to win the recognition your team deserves. Learn more...
BOMA International testified before a Congressional Subcommittee hearing on how the recent housing and financial “credit crunch” is seeping into the commercial market and affecting federal leasing and construction. BOMA International Chair Dick Purtell briefed subcommittee members on the difficulty in securing capital for new projects and renovations impacting public as well as private sector buildings.
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BOMA International’s pioneering benchmarking publication, the Experience Exchange Report (EER), will undergo a number of enhancements in the coming year as part of collaboration with well-respected industry research firm Kingsley Associates. The EER will move online, allowing users to search a Web-based tool for detailed operating income and expense analysis that has historically been available only in book or CD-ROM formats. Read More.
This year's international competition was the biggest in our history, boasting an impressive array outstanding entries. It's this high level of competition that makes winning a TOBY or Earth Award so prestigious. See this year's International TOBY and Earth Award Winners
The Government Accountability Office released the results of a recent study to determine if specific markets in the U.S. have unique constraints on the amount of terrorism insurance available. The study found that some policyholders in high-value, high-risk properties face challenges in obtaining desired coverage. Read more of the study results.
The Office Building Show
The 2008 BOMA International Conference and The Office Building Show, June 22-24 in Denver, attracted 4,000 participants from around the country and overseas with its world-class speakers, premier education, information sharing and showcase of the best products and services available in the industry. Read More.
Responding to the destruction left by the devastating flooding in several cities, town and counties in Iowa, BOMA Iowa has donated $15,000 to the American Red Cross to assist in the relief efforts. The majority of Iowa’s counties have been declared disaster areas by both President Bush and the Governor of Iowa. Those who wish to make a contribution, can donate to any one of several charitable organizations that are helping with flood and tornado relief.
BOMA International and the Clinton Climate Initiative (CCI) held a press conference at the BOMA International Conference in Denver to announce the new BOMA Energy Performance Contract Model. BOMA Chairman Brenna S. Walraven was joined by Arah Schuur, director, building retrofit program for CCI and Henry Chamberlain, president, BOMA International in announcing the details of the landmark model that removes barriers to performing energy retrofits to existing buildings.
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BOMA International testified before Congress on June 6 about making the General Services Administration (GSA) lease and construction process efficient, transparent and user-friendly. Gail H. Seekins, senior property manager with Akridge and a past president of the Apartment and Office Building Association in Washington, D.C., represented BOMA before a House hearing of the Subcommittee on Economic Development, Public Buildings and Emergency Management Committee on Transportation and Infrastructure. Read More
BOMA International joined a coalition of more than 100 organizations calling on the United States Senate to pass immediately legislation that would extend a set of tax provisions that either expired at the end of 2007 or will expire at the end of 2008. Among the extenders in the bill are the 15-year timeline for depreciating leasehold improvements and the expensing of brownfields clean-up costs, both of which expired at the end of 2007. Read More