News: Owners Developers & Managers

BOMA International honored with EPA Climate Protection Award

The U.S. Environmental Protection Agency (EPA) has recognized the Building Owners and Managers Association (BOMA) International with a 2009 Climate Protection Award in honor of BOMA's exceptional leadership, outstanding innovation, dedication and technical achievements in climate protection. Winners, which include individuals and organizations, are chosen on the basis of originality and public purpose; persuasive, moral or organizational leadership; global perspective and implication; and reduction of greenhouse gas emissions. This year's winners were honored at a ceremony at the Kennedy Center. "We are honored to receive this prestigious award for our green initiatives," said BOMA International chair and chief elected officer Richard Purtell, portfolio manager, Grubb Ellis Management Services, Inc. "We strive to provide solutions that benefit our members while also protecting the environment. This award is a testament to the fact that sustainability and profit go hand in hand." BOMA is being recognized for four initiatives: the BOMA Energy Efficiency Program, the 7-Point Challenge, BOMA's Green Lease Guide, and the BOMA Energy Performance Contract model. BEEP is an innovative operational excellence program that teaches commercial real estate professionals how to reduce energy consumption and costs with proven no- and low-cost strategies. To date more than 14,000 industry professionals have participated in the BEEP seminars. BOMA's 7-Point Challenge aims to reduce energy consumption by 30 percent by 2012 across real estate portfolios, as measured against an average building measuring a 50 on the Energy Star benchmarking tool. The 7-Point Challenge has gained universal industry acceptance. More than 110 companies and affiliated organization, representing more than two billion square feet of office space, have endorsed the Challenge. In 2008, BOMA released the industry's first green lease guide, an instant best-seller. The guide includes enforceable lease language to ensure tenants comply with the building's green priorities and includes annotations for ENERGY STAR, LEED and GBI rating programs. BOMA partnered with the Clinton Climate Initiative to launch the BOMA Energy Performance Contract, a model toolkit that makes major energy retrofits to existing buildings easier and more affordable than ever before. "BOMA International will continue to lead the way by delivering the solutions that will propel commercial real estate toward a sustainable and thriving future," said BOMA International 2007-2008 chair and chief elected officer Brenna Walraven, RPA, CPM, managing director, national property management, USAA Real Estate Company, and one of the chief architects of the BEEP program and BEPC model.
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Columns and Thought Leadership
Capitalizing on next-gen electric vehicle  charging in New York/New England real estate - by Hooman Shahidi

Capitalizing on next-gen electric vehicle charging in New York/New England real estate - by Hooman Shahidi

For property owners and developers, tenant experience is everything. This means top-notch building amenities and technology integrations that match their lifestyle. As the electric vehicle (EV) industry grows, EV charging is at the top of their list of amenities.
Brownfield redevelopment: Sometimes it’s not just about economic development - by George Naslas

Brownfield redevelopment: Sometimes it’s not just about economic development - by George Naslas

The redevelopment of brownfield sites is often associated with the revitalization of a property to bring it back into productive use, generate local tax revenue, and increase local employment. Redevelopment can also be part of a green or open space development, such as a riverwalk, park, or rail trail.
You can’t manage  what you don’t measure - by Jay O'Connor

You can’t manage what you don’t measure - by Jay O'Connor

Reasons to submeter electrical and HVAC Loads At standalone and multi-unit properties. As a property owner or manager, we all should understand the importance of managing costs, promoting conservation efforts, and maintaining compliance with regulations. Submetering is a powerful tool that can help you achieve these goals and more.

The value of comfort: The workplace will never be as convenient as home, but it can be as comfortable - by Steve Hibbard

The value of comfort: The workplace will never be as convenient as home, but it can be as comfortable - by Steve Hibbard

In real estate construction and development, there are numerous balances struck between comfort and affordability. We all want the class A office space with artisanal trimmed offices, brilliant lighting, silent air systems, and the hilltop belvedere view from the executive suite. Everyone wants that coveted corner office.