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    The Cleveland Browns’ $5 million, four-month renovation project vastly improves its Training and Administrative Complex in Berea, Ohio. The renovations are designed by the nationally recognized, integrated architecture, engineering, and technology design firm Westlake Reed Leskosky of Cleveland, Ohio, and recently recognized with an AIA Ohio 2014 Honor Award. The new workplace is a thoroughly modern space, respectful of the history and tradition of the Cleveland Browns yet forging a progressive identity for the team, via bold imagery, messaging, team branding and colors. Photography by Kevin G. Reeves.

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  • Healthcare

    Designed by HOK, the new Prebys Cardiovascular Institute in La Jolla, Calif., is conceived to be the region’s largest and most advanced center dedicated to cardiovascular care. Interior spaces support advanced medical treatment, patient care, research, clinical trials and graduate medical education. The seven-story, 167-bed hospital includes 59 intensive care beds, four operating rooms, two hybrid operating rooms, three cardiac catheterization labs and an electrophysiology lab connected to centralized research labs, and a center for graduate education. Stephen Whalen Photography

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    The Wayne N. Aspinall Federal Building and U.S. Courthouse in Grand Junction, Colorado, received partial modernization and a high-performing green building renovation by the U. S. General Services Administration, Rocky Mountain Region. The Design-Build Partners were The Beck Group, as Design-Build Contractor and Architect-of-Record; and Westlake Reed Leskosky, was the Lead Design Architect, Integrated Engineer, Sustainable Design and Historic Preservation Consultant. Photography by Kevin G. Reeves.

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Corporate

The McMorrow Corporate Facilities Management Report presents news, information, feature articles, conferences, and products and services for commercial/corporate facility executives and administrators, property managers, and specifiers including architects, designers, and engineers charged with maintaining the workplace for optimal productivity, functionality, and retention of the workplace professional.

The McMorrow Corporate Facilities Management Report presents news, information, feature articles, conferences, and products and services for commercial/corporate facility executives and administrators, property managers, and specifiers including architects, designers, and engineers charged with maintaining the workplace for optimal productivity, functionality, and retention of the workplace professional.

Healthcare

The McMorrow Corporate Facilities Management Report presents news, information, feature articles, conferences, and products and services for commercial/corporate facility executives and administrators, property managers, and specifiers including architects, designers, and engineers charged with maintaining the workplace for optimal productivity, functionality, and retention of the workplace professional.

Government

The McMorrow Corporate Facilities Management Report presents news, information, feature articles, conferences, and products and services for commercial/corporate facility executives and administrators, property managers, and specifiers including architects, designers, and engineers charged with maintaining the workplace for optimal productivity, functionality, and retention of the workplace professional.

Sustainable

The McMorrow Corporate Facilities Management Report presents news, information, feature articles, conferences, and products and services for commercial/corporate facility executives and administrators, property managers, and specifiers including architects, designers, and engineers charged with maintaining the workplace for optimal productivity, functionality, and retention of the workplace professional.

BOMA International’s Office EER indicates average occupancy rate near 90%; and 309 sq.ft. per office worker

Screen Shot 2016-09-05 at 4.12.58 PMThe Building Owners and Managers Association (BOMA) International, in collaboration with research firm Kingsley Associates, released its 2016 Office Experience Exchange Report (Office EER) and the 2016 Industrial Experience Exchange Report (Industrial EER). Data from these interactive online reports offer critical insight into income and expenses within the commercial real estate industry.

Now in its 96th year, the Office EER is the commercial real estate industry’s largest and most comprehensive benchmarking resource. With information from more than 5,200 buildings in 272 distinct markets across the United States and Canada totaling nearly 900 million square feet of space, the 2016 Office EER offers more office sector data than any other comparable industry source. Top-level U.S. private-sector data from the 2016 Office EER reveals:

U.S. Private-Sector Office Building Occupancy Figures

  • Average occupancy rate: 89.88 percent
  • Square feet per office tenant: 7,746.08
  • Square feet per office worker: 309.74

U.S. Private-Sector Office Building Income Figures

  • Total rental income: $26.62 per square foot (psf)
  • Total income:  $28.21 psf
  • Base office rent: $21.98 psf
  • Pass-throughs: $4.73 psf
  • Escalations: $4.85 psf

BOMI US Private Sector Office Building Expenses

U.S. Private-Sector Office Building Expense Figures

  • Total operating expenses : $8.07 psf
  • Total operating + fixed expenses:  $12.47 psf
  • Security:  $0.72 psf
  • Administrative: $1.45 psf
  • Cleaning: $1.52 psf
  • Utilities: $2.16 psf
  • Parking: $0.61 psf
  • Roads and grounds: $0.25 psf
  • Repairs and maintenance: $2.00 psf

The Industrial EER, now in its second year, is the only benchmarking resource in the commercial real estate industry specifically tailored to the industrial sector. The 2016 Industrial EER offers industrial sector data from approximately 3,900 buildings in 102 distinct markets in the United States totaling more than 645 million square feet of space. Top-level U.S. private-sector data from the 2016 Industrial EER shows:

U.S. Private-Sector Industrial Building Occupancy Figures

  • Average occupancy rate: 96.61 percent
  • Square feet per tenant: 65,609.10
  • Square feet per tenant employee: 527.28

U.S. Private-Sector Industrial Building Income Figures

  • Total rental income: $5.35 psf
  • Base rent: $4.31 psf
  • Additional rent: $1.21 psf
  • Miscellaneous income: $0.07 psf

US Private-Sector Industrial Building Expenses

U.S. Private-Sector Industrial Building Expense Figures

  • Total ongoing expenses: $1.39 psf
  • Energy: $0.06 psf
  • Exterior building maintenance:  $0.11 psf
  • Grounds and landscape: $0.07 psf
  • Management fees: $0.15 psf
  • Water and sewer: $0.07 psf

“Solid asset management strategies are key to driving a property’s profitability and increasing tenant satisfaction,” said BOMA International Chair Brian M. Harnetiaux, senior vice president of Asset Management at McCarthy Cook. “Property professionals depend on the annual EER data to benchmark operating expenses, identify key industry trends and stay competitive.”

Both the Office EER and Industrial EER consist entirely of voluntarily reported data from office and industrial property owners and managers. These interactive online databases allow users to generate customized reports using a host of search filters, including building size, type, class, market, submarket and more, with results calculated in real-time. Reports are easily downloadable as both Excel and PDF documents, and a subscription grants unlimited access; there is no limit to the number of reports users can generate. For more information and to subscribe to the 2016 Office EER and 2016 Industrial EER, visit eer.boma.org.