Measuring Operating Performance Matters More Than Ever

 
BOMA San Francisco Members:
 
Measuring Operating Performance Matters More Than Ever.

GSA Public Buildings Commissioner Bob Peck recently sat down with BOMA to discuss how the U.S.´s largest landlord uses BOMA´s Experience Exchange Report as a critical element of their office building benchmarking program. Click here to listen to his thoughts.

If you´re working to benchmark your building´s operating performance, the Experience Exchange Report (EER) can help. Here are 5 great ways to use it to improve your asset´s performance.

• Compare this year´s income and expenses with last year´s for an initial read on overall performance.
• The EER covers major expenses like cleaning, repairs/maintenance and security. Use the EER data to identify how your contracts compare to market averages and to guide any rebidding of major service contracts. 
• Use the EER to show your tenants and potential tenants how much lower your building´s operating expenses are. The EER covers more buildings than any other comparable study in the industry, and tenants recognize and appreciate that you´ve verified your operating expenses against the industry´s standard!  
• Track market NOI (net operating income) by sector, asset size, and asset type—correlated to occupancy information and see how well your building performs compared to its peers.  
• Drill down into the line item detail of every income or expense measure for more fine–tuned analysis of your asset´s efficiencies. 
  

The EER is More Affordable Than Ever Before

Buying the EER is more budget–friendly and flexible. Need one or two markets or reports for all available cities? No problem. Customize and buy your subscription based on your needs and your entire staff’s all in one easy transaction. The EER´s new online subscription format allows you to buy only the markets you need. Ask about group and company–wide subscriptions. Pay online with VISA, MasterCard or American Express and you´ll be ready to start measuring your building´s performance right away. Share Data. Improve Performance. Achieve Excellence. Put the EER to work for you. Purchase now.