BOMA 360 Performance Program
Offers Significant Return on Investment
BOMA International has found that properties with
the BOMA 360 Performance Program designation
continue to significantly outperform buildings without the 360 designation.
Analysis was conducted using the information found in BOMA
Office Experience Exchange Report (Office EER), which
aggregates office sector income and expense data from the previous year; 2014
data was gathered from more than 5,300 buildings in 275 markets in the U.S. and
Canada representing more than 820 million square feet.
Buildings with the BOMA 360 designation averaged
$4.89 per square foot (psf) more in total rental income than buildings without
the designation. This performance gap has widened significantly, up $2.74 since
last year. Buildings with the designation also saw operational efficiencies, as
they averaged $4.56 psf more in total rental income when subtracting total
operating expenses than buildings without the designation, an increase of $2.79
since last year. Read the full analysis online.
Gain a competitive advantage for your building or
portfolio by applying
for BOMA 360. The fourth quarter deadline for applications
is December 4.