Share Data.Improve Performance.Achieve Excellence.
Tour the all new online EER!
Join us for a free Webinar, and be among the first to see the online EER and learn how to use its great new features.
July 8, 2009, 2:00 to 3:00 p.m. ET.
Click here to sign up!
The revolutionary, new Web-based EER will be available soon.
BOMA’s EER has provided income and expense analysis for office buildings across the United States and Canada to help building owners and managers build budgets, evaluate operating performance, identify areas for improvement and savings, and communicate performance metrics to owners, investors and prospective tenants.
This innovative new benchmarking tool makes getting the market information you need to fortify your asset value and streamline your business processes easier than ever. No more books or CDs…simply log on, download and use the data in infinite ways. It’s so illuminating, no other product can hold a candle to it.
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What’s different about the new EER?
In a nutshell, it’s all online and at your fingertips…you simply access, download and use the data in infinite ways…and it’s easier and faster to use, completely interactive and offers tremendous flexibility…
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Data submission is a snap. The all new online survey is “smarter” than ever, with new features designed to save you time and improve the accuracy of each submission. New “tool-tip” features define what’s required for each line item, and automated data checks help catch errors as you go. New tools also make portfolio submissions easier than ever. The new process is so advanced, it’s actually simple.
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Quickly find the data you need to manage your buildings. New custom search features allow you to generate reports and analysis that match your property profile. Plus, you can export the tables to PDF and Excel formats to expedite budgeting and analysis, and create reports and presentations.
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Chart performance graphically. Simply select any income or expense line and create charts and graphs to illustrate the financial analysis represented in the tables. In addition to comparing your performance to market peers, you can also chart trends over time. With a few quick clicks, these graphs can be incorporated into your building performance reports, saving you time.
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Purchase only what you need and save money! Select and purchase only those market reports you need. Whether you need one or two markets, or reports for all cities represented, you’ll be able to purchase just what you need, for yourself and your entire staff, easily and affordably.
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Who produces the EER?
Starting this year, BOMA International is collaborating with the well-respected industry research firm Kingsley Associates to produce a powerful, new online edition of BOMA’s EER. The EER remains a BOMA product. Kingsley Associates is assisting in the collection, analysis and reporting of data.
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What’s in the EER?
The EER tracks commercial office building financial performance nationally in the U.S. and Canada as well as in more than 300 cities across North America…from office rents, retail, and other income to real estate taxes, utilities, cleaning, repairs/maintenance, roads/grounds, and more. The EER contains information on private and public buildings and features analytical studies of special use buildings including medical office buildings, corporate facilities, financial buildings, agency managed, and all electric buildings.
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Who uses the EER?
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- Property Owners
- Property Managers
- Appraisers
- Service Providers
- Engineers
- Consultants
- Researchers
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When is Data Collected?
Office building income and expense data is collected annually through the EER Online Survey. This year’s survey opens February 16 and closes April 15. Any commercial office building is invited to share its 2008 income and expenses through the online survey. Unaudited year-end figures are acceptable for submission. Special supplemental questions are included to address the unique operating circumstances for corporate facilities/owner occupied facilities and medical office buildings. BOMA International collects actual income and expense values, aggregates the data and presents the information in terms of averages, medians, upper and lower quartiles for aggregate markets. Data shared from industry submitters is kept in strictest confidence; only aggregate market-level data is reported.
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Who should participate in the EER?
The EER compiles and reports on commercial office buildings, corporate facilities, and medical office buildings. Participation is NOT limited to BOMA members. Any office building can submit data, and locals’ participation rates are determined based on all the buildings in the local market that submit data, regardless of whether they are BOMA members. The EER does NOT include any data on industrial office buildings, hotels, apartments/multi-family buildings, or shopping centers. Share your data now.
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What are the benefits of submitting data?
The more buildings with data included in the report means the more accurately the study represents the commercial real estate industry…and enables BOMA to successfully advocate on behalf of the industry on the federal, state and local levels.
In addition to doing your part to help your industry overall, as a submitter you’ll get…
- A FREE expense performance comparison that maps out how your building compares to two or three peers.
- Special discounted rates to buy the EER.
- Access to the 2009 reports and analysis first…with special VIP notification as soon as the analysis is ready in June!
Learn more reasons why sharing your data is a smart business decision.
Share your data now.
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When is the new report available?
The 2009 EER will be released in its new Web-based format in June.
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How is the data in the EER utilized?
Commercial real estate practitioners use the EER to develop budgets, evaluate and refine operating strategies, underwrite and analyze acquisition opportunities and communicate performance metrics to owners and investors.
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Can I pre-order the 2009 EER?
Yes, submitters of data are invited to pre-order their 2009 EER reports when they complete their survey form. Others will be able to pre-order reports beginning in April 2009. Visit www.bomaeer.org to learn how.
For more information, call the Research Department at 202-326-6314 or email us at eer@boma.org.
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