BOMA Oregon eNews

Are your expenses in line with industry trends? According to BOMA International’s recently released benchmarking reports, the 2017 Office EER and 2017 Industrial EER, income and operating expenses in the U.S. increased slightly in both sectors, as compared to last year’s reports.

According to two-year trend data of identical office properties between calendar years 2015 and 2016, total income in the office sector increased from $28.93 per square foot (psf) to $30.60 psf, while total operating expenses increased from $8.20 psf to $8.26 psf. While total operating expenses increased by 0.7 percent, not all expenses increased at the same rate—and some remained flat or even decreased.

For industrial properties, the results of a similar analysis show that total rental income per square foot increased from $5.61 to $6.12. Total operating expenses increased by 4.9 percent, from $1.42 psf in 2015 to $1.49 psf in 2016.

Visit http://www.naylornetwork.com/bor-nwl/pdf/EER17-0005_AD_Comb_QP_4.25x5.5_lowRes.pdf to view the full article online.

 

Read the report prepared by BOMA’s Government Affairs advocate Nellie deVries.

Visit http://www.naylornetwork.com/bor-nwl/pdf/BOMA_2017_Legislative_Report_.pdf to view the full article online.

 

We had a wonderful turnout and learned so much from our presenters. If you have questions, need advice or just need someone to help you navigate the wonderful world of garbage and recycling, City and County recycling staff will come to you!

Call 503-234-3000 and ask for your local business technical assistance team.

Visit http://www.naylornetwork.com/bor-nwl/pdf/BOMA_one_page.pdf to view the full article online.

 

With old, single-paned windows, Lake Union Building in Seattle struggled with climate control and energy efficiency. The building’s owner, Henbart LLC, knew an upgrade was needed to reduce energy costs and provide tenants with a more comfortable space. They found their cost-effective solution by installing efficient, smart windows from View Dynamic Glass. Performed a year before and after installation, a study from BetterBricks and the University of Washington’s Integrated Design Lab found the new windows resulted in a 17.7% decrease in building energy usage, equivalent to $28,000 per year.

www.betterbricks.com/smartwindows

Visit https://betterbricks.com/sites/default/files/Lake%20Union%20Building%20Case%20Study_0.pdf to view the full article online.

 

Oregon will be the first state where you can view the total solar eclipse crossing the United States Monday, August 21. Plan ahead to keep Oregon moving!

Visit http://www.oregon.gov/ODOT/Pages/Eclipse.aspx to view the full article online.

 

BOMA Oregon is a member of the BOMA Pacific Northwest Region. We work with our peers in Alaska, Idaho, Utah and Washington.

If you do business outside of Oregon, we encourage you to attend.

Visit http://www.naylornetwork.com/bor-nwl/pdf/2017_BOMA_Pacific_Northwest.pdf to view the full article online.