Author: Anna Silva
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All Square Feet Are Not Equal: How To Measure Office Properties
When it comes to measuring office properties, there are a number of measurement methods which can be used to determine rentable square footage. Each method, if applied to the same office space, would provide a different calculation. It is for this reason, owners and investors need to understand regional measurement standards in order to maximize…
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How to use BOMA 2017 Measurement Standards to Maximize RSF
BOMA (Building Owners and Managers Association) standards were created to standardize the rentable square footage marketed in CRE office properties.?BOMA is the most commonly used measurement standard throughout major markets.?Over the years, there have been several revisions to the measurement standards – the most recent being 2017. It is vital for CRE professionals and owners…
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Automatic CRE space calculator for BOMA and REBNY
The CRE Tech audience is experiencing digital brain freeze when it comes to figuring out the best and most efficient choice for their business. Shelfware is rampant within commercial real estate. At Building Engines we strive to build software and solutions that bring high performance to our customers. Our focus is on creating products that replace…
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3 ways to use BOMA measurement to maximize your RSF
BOMA measurement standards were developed to standardize the rentable square footage marketed in office properties. These standards provide landlords with the methods they need to successfully market properties, and use a formula to determine what is acceptable as leasable square footage. Over the years, there have been different iterations of the standards employed by BOMA.…
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CRE Software Partner or Vendor? 5 Ways to tell
[vc_row][vc_column][vc_column_text]Think about the last time you bought building operations software. What triggered this need? A communication gap between you and your tenants? The need for more efficient operations? Preventive maintenance tasks missed? At the end of the day, I’m willing to bet you had a pain point in your business that needed some relief. Many…
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6 Painful Signs It’s Time to Upgrade Your Property Management Software
[vc_row][vc_column][vc_column_text]Between the headaches that come with running a CRE property, the last thing property managers need is more agony. Is your building operations software adding value or simply causing more pain and frustration? If you can relate to these six pain points, chances are it’s time to ditch your current property management system and seek…
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Building Buzz: 04
[vc_row][vc_column width=”3/4″] [vc_cta h2=”Trivia Corner”] What building is so tall that you can watch the sunset from its base, take the elevator to the top, and watch the sun set all over again?[/vc_cta][vc_column_text] What We’re Reading This Week 1. How Technology is Keeping Modern Buildings on Top Form – JLL “At the moment, there’s a…
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What REALLY Matters in the Tenant Experience? The Hierarchy of Tenant Needs
Improving the tenant experience is at the top of the current priority list for CRE property owners and managers. According to our recent Tenant Experience Gap report, 80% of property teams plan to spend at least half of their time improving the tenant experience in the next year. What’s driving this? One reason is that improving…
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Building Buzz: 03
[vc_row][vc_column][vc_cta h2=”Trivia Corner”]What did the term, “skyscraper” originally refer to[/vc_cta][vc_column_text] What We’re Reading This Week 1. Panelists Mull a Midtown Meant for Millennials – Commercial Observer “There’s a war for talent,” Tommy Craig the top executive in the New York region for Hines said in a recent article by Commerical Observer. “Anyone my age [mid-60s]…
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4 Reasons Why CRE Building Inspection Programs Fail
[vc_row][vc_column][vc_column_text]Property managers today can’t afford to wait until something breaks in their building to address it. Unfortunately, this is too often the case in situations where building inspections aren’t completed thoroughly – or worse, weren’t even planned in the first place. When your staff is left to reactively put out fires that could’ve been prevented,…