BOMA e-News - November 20, 2008



ADVOCACY UPDATES

IN THE NEWS


FEATURED SPONSOR

MSCA STAR

When you hire an MSCA STAR contractor, you’re showing your commitment to quality by working with the most experienced and highly trained HVAC/R contractors in the business. MSCA STAR is an exclusive designation from the Mechanical Service Contractors of America; the nation’s leading trade association representing HVAC/R service contractors. To learn more about why an MSCA STAR contractor is the right choice for your business, click here.

 


ADVOCACY UPDATES

Help BOMAPAC Sink a Hole-in-One

Support commercial real estate’s interests in Congress by enjoying an afternoon of golf on Jan. 15, 2009, prior to the start of the Winter Business Meeting in Palm Springs, Calif. The golf tournament will benefit BOMAPAC, BOMA International’s political action committee. BOMAPAC enables BOMA International to raise money to support candidates for federal office who understand and support commercial real estate’s issues. The tournament will be held at the famous Celebrity Course at the Indian Wells Golf Resort, home of the 2008 LG Skins Game. The deadline to register is Dec. 15. Tournament fees are $250 per player.

Register today.

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IN THE NEWS

Greening Commercial Buildings a Priority Despite Economic Downturn

Despite a faltering economy, commercial building owners are continuing to allocate funds and resources to green their portfolios. According to the “2008 Green Survey: Existing Buildings,” the second annual national survey of the commercial real estate sector, more than 80 percent of respondents have allocated funds to green initiatives this year, while 45 percent said that their sustainability investment will increase in 2009.  Findings of the study by Incisive Media’s Real Estate Forum, the Building Owners and Managers Association (BOMA) International and the U.S. Green Building Council (USGBC) were released yesterday during a press conference at Greenbuild 2008, the annual conference and expo sponsored by the USGBC.  Look for a full analysis of the survey in the January/February 2009 issue of The BOMA Magazine.

Also at Greenbuild, the results of an energy-savings survey conducted by FMLink, BOMA International, USGBC and the Association for Facility Engineers (AFE), was released. The survey found that more and more facility managers are implementing re-commissioning and energy audits to measure and improve their building’s energy performance. Key findings also indicated that most energy savings successes were the result of aggressive low-cost operational strategies rather major capital projects.

Find more information at the BOMA News Room.

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Get Up to Speed on the Economic Forecast at the 2009 Winter Business Meeting

The state of commercial real estate markets and strategies for prospering in a down economy are among the many topics to be discussed at the upcoming BOMA International Winter Business Meeting in Palm Springs, Calif. on Jan. 16–19, 2009. Come together in interactive discussions with industry peers who share your responsibilities and challenges. Among the conference highlights, renowned industry strategist Raymond Torto, PhD, CRE, global chief economist at CB Richard Ellis (CBRE) and a founding principal of Torto Wheaton Research, will present the keynote address at the opening luncheon on Saturday, Jan. 17, sponsored by AlliedBarton Security Services. Torto will share his insights on the credit crisis and will provide an economic forecast of challenges and opportunities for commercial real estate.

Get details and registration information.

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Are You a Recycling Expert? Become a Pro with SOS Course 3

SOS Course 3: Rethinking Recycling—Beyond Paper and Cans
December 3, 2008 2-3:30pm ET

BOMA International’s third webinar in the Sustainable Operations Series (SOS) will go beyond typical paper and aluminum can recycling and will explain how to identify building materials—from construction waste to light bulbs to office equipment—that can be recycled cost-effectively. The course will offer strategies for getting tenants engaged and demonstrate how to measure the ROI on recycling programs. Register for SOS Course Three now.

Special Offer! Webinar registrants can save 10% on BOMA’s Green Lease Guide.

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FEATURED SPONSOR

USE THE INDUSTRY’S LEADING SOFTWARE FOR YOUR OFFICE ESCALATIONS

BOMA’s Escalation Software for Office Buildings standardizes and automates the entire escalation billing process using BOMA-approved methodology. This powerful, user-friendly software can accommodate virtually any escalation clause, including annual/cumulative or controllable/non-controllable caps. Accurately: Calculate gross-ups & capital amortizations, each tenant’s prepayments & year-end reconciliations; Generate tenant invoices & cover letters; Prepare related accounting & management reports; Store all prior-years’ data for future reference & transfer to new owners 

View sample reports, user testimonials & more information at www.EscalationAdvisors.com


Alleviate NOI Pressure with the EER

Feeling a little pressure on your NOI? BOMA’s Experience Exchange Report (EER) can help. Loaded with the information that you need, the EER contains eight income and 12 expense line item categories, each further broken into more than 65 subcategories. The EER can help you identify your best opportunities to save operating costs, boost NOI and meet your owner’s goals.

It’s easy:

  1. Use the analysis of operating income and expenses from your city to determine what the average expenses should be.
  2. Compare your actual expenses to the industry average.
  3. Any expenses that are greater than the industry average represent your first targets for implementing cost controls.

Buy your copy now and show your owner why you’re the best manager in town.

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Greening Your Lease Just Got Easier

Sustainability isn’t just an operational practice; it’s a proven strategy to increase asset value.
But best practices aren’t enough. You need the commitment of your tenants to achieve maximum results. That’s why BOMA has “greened” its Guide to Writing a Commercial Real Estate Lease to show you how to modify your lease terms to maintain an energy efficient and sustainable building operation. The new Green Lease Guide includes enforceable tenant responsibilities; pass-through provisions; and green certification notations for ENERGY STAR®, LEED and GBI rating points. Plus, hundreds of easy-to-read footnotes provide answers and suggestions to the toughest lease clauses.

Order your BOMA Green Lease Guide today.

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Is Your Building “Bright” Green?

The convergence of green and intelligent building technologies in commercial properties will provide a tangible and significant return on investment, according to a report recently released by the Continental Automated Buildings Association (CABA), in collaboration with Frost & Sullivan. The survey states that “bright” green buildings, buildings that leverage intelligent technologies to support sustainability, save on energy costs and operate with increased efficiency. To learn more about the convergence of green and intelligent buildings, download the full report.

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Job of the Month

BBL Management Group is in search of a commercial property manager.  The property manager is responsible for managing several commercial properties in an efficient manner; preparing, implementing and adhering to approved strategic plans and budgets; monitoring the supervision of the day-to-day activities of the property staff and contractors; negotiating lease renewals; and implementing new leases. Qualified candidates must possess a minimum of three years of property management experience and have excellent written and verbal communication skills. We offer a competitive wage and benefit package. Salary commensurate with experience. 

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