Experience Exchange Report EER - Revision history

Designing Buildings at 11:47, 15 March 2023

2023-03-15T11:47:01Z

← Older revision		Revision as of 11:47, 15 March 2023
Line 1:		Line 1:
−	[[~~File:EER.jpg\|link=~~File:EER.jpg]]	+	[[File:EER.jpg]]

	= Introduction =		= Introduction =

−	The ~~[https://eer.boma.org/BOMA/~~ Experience Exchange Report] (EER) is a document that gathers benchmarking data for building owners, property managers, facility managers and other commercial real estate professionals in North America. It is produced by the Building Owners and Managers Association International (BOMA International) in collaboration with research firm Kingsley Associates.	+	The Experience Exchange Report (EER) is a document that gathers benchmarking data for building owners, property managers, facility managers and other commercial real estate professionals in North America. It is produced by the Building Owners and Managers Association International (BOMA International) in collaboration with research firm Kingsley Associates.

	= History =		= History =
Line 51:		Line 51:
	* Recognise trends based on past data.		* Recognise trends based on past data.

−	= Related articles on Designing Buildings ~~Wiki~~ =	+	= Related articles on Designing Buildings =

	* Benchmarking as business tool.		* Benchmarking as business tool.
Line 61:		Line 61:
	* Institute of Real Estate Management IREM.		* Institute of Real Estate Management IREM.
	* Operational costs.		* Operational costs.
−
−	~~= External resources =~~
−
−	* [https://www.boma.org/ Building Owners and Managers Association] (BOMA) International, [https://eer.boma.org/BOMA/ Experience Exchange Report].
−	* Building Owners and Managers Association (BOMA) International, Sample report. [[File:SampleEER2020.Office.pdf\|SampleEER2020.Office.pdf]]

	[[Category:DCN_Report]] [[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Standards_/_measurements]] [[Category:Contracts_/_payment]] [[Category:Property_development]]		[[Category:DCN_Report]] [[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Standards_/_measurements]] [[Category:Contracts_/_payment]] [[Category:Property_development]]

Editor at 18:48, 11 September 2020

2020-09-11T18:48:41Z

← Older revision		Revision as of 18:48, 11 September 2020
Line 59:		Line 59:
	* Facility condition index FCI.		* Facility condition index FCI.
	* Facilities management audit FMA.		* Facilities management audit FMA.
		+	* Institute of Real Estate Management IREM.
	* Operational costs.		* Operational costs.

Line 66:		Line 67:
	* Building Owners and Managers Association (BOMA) International, Sample report. [[File:SampleEER2020.Office.pdf\|SampleEER2020.Office.pdf]]		* Building Owners and Managers Association (BOMA) International, Sample report. [[File:SampleEER2020.Office.pdf\|SampleEER2020.Office.pdf]]

−	[[Category:~~Publications_/_reports~~]] [[Category:~~Research_~~/~~_Innovation~~]] [[Category:~~DCN_Research,_Development_and_Innovation~~]] [[Category:Standards_/_measurements~~]] [[Category:DCN_Standard~~]] [[Category:Contracts_/_payment]] [[Category:Property_development]]	+	[[Category:DCN_Report]] [[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Standards_/_measurements]] [[Category:Contracts_/_payment]] [[Category:Property_development]]

Designing Buildings at 07:59, 3 August 2020

2020-08-03T07:59:57Z

← Older revision		Revision as of 07:59, 3 August 2020
Line 3:		Line 3:
	= Introduction =		= Introduction =

−	The Experience Exchange Report (EER) is a document that gathers benchmarking data for building owners, property managers, facility managers and other commercial real estate professionals in North America. It is produced by the ~~[https://www.boma.org/~~ Building Owners and Managers Association International] (BOMA International) in collaboration with research firm Kingsley Associates.	+	The [https://eer.boma.org/BOMA/ Experience Exchange Report] (EER) is a document that gathers benchmarking data for building owners, property managers, facility managers and other commercial real estate professionals in North America. It is produced by the Building Owners and Managers Association International (BOMA International) in collaboration with research firm Kingsley Associates.

	= History =		= History =
Line 11:		Line 11:
	With a focus exclusively on industrial facilities (including warehouses, distribution centres, data centres, laboratories, call centres and so on) the Industrial EER was created as the first resource of its kind for the sector. The Industrial EER was not released in 2020 due to consolidation in the industrial sector, according to BOMA International.		With a focus exclusively on industrial facilities (including warehouses, distribution centres, data centres, laboratories, call centres and so on) the Industrial EER was created as the first resource of its kind for the sector. The Industrial EER was not released in 2020 due to consolidation in the industrial sector, according to BOMA International.

−	While the Experience Exchange Report was originally released as a published document, over the years it has been converted into an interactive, subscription based tool that allows users to submit their own proprietary information to generate customized reports and comparisons to real-world scenarios. The web-based version of the EER includes historical data ~~that dates back to~~ 2007.	+	While the Experience Exchange Report was originally released as a published document, over the years it has been converted into an interactive, subscription based tool that allows users to submit their own proprietary information to generate customized reports and comparisons to real-world scenarios. The web-based version of the EER includes historical data from 2007 onward.

	= Types of data =		= Types of data =

−	The data in both EER versions includes information on markets across the country (since this can vary significantly based on where a property is located)~~. Data includes~~:	+	The data in both EER versions includes information on markets across the country (since this can vary significantly based on where a property is located):

−	* Total income per square foot	+	* Total income per square foot.
−	* Rental income	+	* Rental income.
−	* Base rent	+	* Base rent.
−	* Total operating expenses per square foot	+	* Total operating expenses per square foot.
−	* Occupancy rates	+	* Occupancy rates.
−	* Square footage per office tenant	+	* Square footage per office tenant.
−	* Taxes	+	* Taxes.
−	* Cleaning costs	+	* Cleaning costs.
−	* Electricity expenses	+	* Electricity expenses.
−	* Administrative expenses	+	* Administrative expenses.
−	* Insurance costs	+	* Insurance costs.
−	* Landscaping	+	* Landscaping.
−	* Mechanical/HVAC maintenance	+	* Mechanical/HVAC maintenance.

	Best known as a benchmarking tool, the EER results, which are collected annually, are based on surveys designed to record operating information from all types of property owners throughout North America.		Best known as a benchmarking tool, the EER results, which are collected annually, are based on surveys designed to record operating information from all types of property owners throughout North America.
Line 39:		Line 39:
	* Expense information – major expenses, building maintenance, landscaping, mechanical/HVAC, water and sewer, energy, rubbish, fire/life safety/security, wages, management fee, real estate taxes, insurance, reimbursable expenses.		* Expense information – major expenses, building maintenance, landscaping, mechanical/HVAC, water and sewer, energy, rubbish, fire/life safety/security, wages, management fee, real estate taxes, insurance, reimbursable expenses.

−	~~More than 100 property management professionals in both office and industrial facilities typically respond to the survey.~~ Both the Office EER and Industrial EER consist entirely of voluntarily reported data from office and industrial property owners and managers.	+	Both the Office EER and Industrial EER consist entirely of voluntarily reported data from office and industrial property owners and managers. More than 100 property management professionals in both office and industrial facilities typically respond to the survey.

	= Creating reports =		= Creating reports =

−	The interactive online databases allow users to generate ~~customized~~ reports using ~~various~~ criteria, including building size, type, class, market, submarket and so on. Reports are downloadable as both Excel and PDF documents, and a subscription grants unlimited access ~~- subscribers can generate as many reports as is necessary~~.	+	The interactive online databases allow users to generate customised reports using criteria, including building size, type, class, market, submarket and so on. Reports are downloadable as both Excel and PDF documents, and a subscription grants unlimited access.

	The results can be used to help property professionals:		The results can be used to help property professionals:

−	* Develop and refine strategic operations	+	* Develop and refine strategic operations.
	* Explain operating costs - when compared to others in the marketplace - to decision makers.		* Explain operating costs - when compared to others in the marketplace - to decision makers.
	* Recognise trends based on past data.		* Recognise trends based on past data.
Line 66:		Line 66:
	* Building Owners and Managers Association (BOMA) International, Sample report. [[File:SampleEER2020.Office.pdf\|SampleEER2020.Office.pdf]]		* Building Owners and Managers Association (BOMA) International, Sample report. [[File:SampleEER2020.Office.pdf\|SampleEER2020.Office.pdf]]

−	[[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Standards_/_measurements]] [[Category:Contracts_/_payment]] [[Category:Property_development]]	+	[[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:DCN_Research,_Development_and_Innovation]] [[Category:Standards_/_measurements]] [[Category:DCN_Standard]] [[Category:Contracts_/_payment]] [[Category:Property_development]]

Editor at 19:11, 31 July 2020

2020-07-31T19:11:28Z

← Older revision		Revision as of 19:11, 31 July 2020
Line 1:		Line 1:
−	[[File:EER.jpg]]	+	[[File:EER.jpg\|link=File:EER.jpg]]

	= Introduction =		= Introduction =
Line 54:		Line 54:

	* Benchmarking as business tool.		* Benchmarking as business tool.
		+	* BOMA International.
	* Facilities management.		* Facilities management.
	* Facility condition assessment FCA.		* Facility condition assessment FCA.

Editor at 10:53, 31 July 2020

2020-07-31T10:53:25Z

← Older revision		Revision as of 10:53, 31 July 2020
Line 1:		Line 1:
		+	[[File:EER.jpg]]
		+
	= Introduction =		= Introduction =

Editor at 19:56, 30 July 2020

2020-07-30T19:56:46Z

← Older revision		Revision as of 19:56, 30 July 2020
Line 1:		Line 1:
	= Introduction =		= Introduction =

−	The Experience Exchange Report (EER) is a document that gathers benchmarking data for building owners, property managers, facility managers and other commercial real estate professionals in North America. It is produced by the Building Owners and Managers Association International (BOMA International) in collaboration with research firm Kingsley Associates.	+	The Experience Exchange Report (EER) is a document that gathers benchmarking data for building owners, property managers, facility managers and other commercial real estate professionals in North America. It is produced by the [https://www.boma.org/ Building Owners and Managers Association International] (BOMA International) in collaboration with research firm Kingsley Associates.

	= History =		= History =
Line 60:		Line 60:
	= External resources =		= External resources =

−	* [https://www.~~designingbuildings~~.~~co.uk~~/~~wiki/Building_owner~~ Building Owners] and Managers Association (BOMA) International, [https://eer.boma.org/BOMA/ Experience Exchange Report].	+	* [https://www.boma.org/ Building Owners and Managers Association] (BOMA) International, [https://eer.boma.org/BOMA/ Experience Exchange Report].
	* Building Owners and Managers Association (BOMA) International, Sample report. [[File:SampleEER2020.Office.pdf\|SampleEER2020.Office.pdf]]		* Building Owners and Managers Association (BOMA) International, Sample report. [[File:SampleEER2020.Office.pdf\|SampleEER2020.Office.pdf]]

	[[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Standards_/_measurements]] [[Category:Contracts_/_payment]] [[Category:Property_development]]		[[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Standards_/_measurements]] [[Category:Contracts_/_payment]] [[Category:Property_development]]

Editor at 19:50, 30 July 2020

2020-07-30T19:50:19Z

← Older revision		Revision as of 19:50, 30 July 2020
Line 10:		Line 10:

	While the Experience Exchange Report was originally released as a published document, over the years it has been converted into an interactive, subscription based tool that allows users to submit their own proprietary information to generate customized reports and comparisons to real-world scenarios. The web-based version of the EER includes historical data that dates back to 2007.		While the Experience Exchange Report was originally released as a published document, over the years it has been converted into an interactive, subscription based tool that allows users to submit their own proprietary information to generate customized reports and comparisons to real-world scenarios. The web-based version of the EER includes historical data that dates back to 2007.
−
−

	= Types of data =		= Types of data =
Line 40:		Line 38:

	More than 100 property management professionals in both office and industrial facilities typically respond to the survey. Both the Office EER and Industrial EER consist entirely of voluntarily reported data from office and industrial property owners and managers.		More than 100 property management professionals in both office and industrial facilities typically respond to the survey. Both the Office EER and Industrial EER consist entirely of voluntarily reported data from office and industrial property owners and managers.
−
−

	= Creating reports =		= Creating reports =
Line 60:		Line 56:
	* Facility condition index FCI.		* Facility condition index FCI.
	* Facilities management audit FMA.		* Facilities management audit FMA.
		+	* Operational costs.

	= External resources =		= External resources =

	* [https://www.designingbuildings.co.uk/wiki/Building_owner Building Owners] and Managers Association (BOMA) International, [https://eer.boma.org/BOMA/ Experience Exchange Report].		* [https://www.designingbuildings.co.uk/wiki/Building_owner Building Owners] and Managers Association (BOMA) International, [https://eer.boma.org/BOMA/ Experience Exchange Report].
−	* Building Owners and Managers Association (BOMA) International, Sample report. [[File:SampleEER2020.Office.pdf\|~~File:~~SampleEER2020.Office.pdf]]	+	* Building Owners and Managers Association (BOMA) International, Sample report. [[File:SampleEER2020.Office.pdf\|SampleEER2020.Office.pdf]]

	[[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Standards_/_measurements]] [[Category:Contracts_/_payment]] [[Category:Property_development]]		[[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Standards_/_measurements]] [[Category:Contracts_/_payment]] [[Category:Property_development]]

Editor at 19:49, 30 July 2020

2020-07-30T19:49:20Z

← Older revision		Revision as of 19:49, 30 July 2020
Line 1:		Line 1:
		+	= Introduction =
		+
	The Experience Exchange Report (EER) is a document that gathers benchmarking data for building owners, property managers, facility managers and other commercial real estate professionals in North America. It is produced by the Building Owners and Managers Association International (BOMA International) in collaboration with research firm Kingsley Associates.		The Experience Exchange Report (EER) is a document that gathers benchmarking data for building owners, property managers, facility managers and other commercial real estate professionals in North America. It is produced by the Building Owners and Managers Association International (BOMA International) in collaboration with research firm Kingsley Associates.

−	History	+	= History =

	First published in 1920, the Experience Exchange Report was initially released for property management professionals who were looking for ways to manage and operate buildings during a time when the growth of cities was moving at a fast pace and skyscrapers were being built in North America. In its original format, the EER featured data from offices (including medical buildings and government facilities). This report was renamed as the Office Experience Exchange Report or Office EER in 2015 when its Industrial Experience Exchange Report or Industrial EER counterpart was launched.		First published in 1920, the Experience Exchange Report was initially released for property management professionals who were looking for ways to manage and operate buildings during a time when the growth of cities was moving at a fast pace and skyscrapers were being built in North America. In its original format, the EER featured data from offices (including medical buildings and government facilities). This report was renamed as the Office Experience Exchange Report or Office EER in 2015 when its Industrial Experience Exchange Report or Industrial EER counterpart was launched.
Line 9:		Line 11:
	While the Experience Exchange Report was originally released as a published document, over the years it has been converted into an interactive, subscription based tool that allows users to submit their own proprietary information to generate customized reports and comparisons to real-world scenarios. The web-based version of the EER includes historical data that dates back to 2007.		While the Experience Exchange Report was originally released as a published document, over the years it has been converted into an interactive, subscription based tool that allows users to submit their own proprietary information to generate customized reports and comparisons to real-world scenarios. The web-based version of the EER includes historical data that dates back to 2007.

−	~~The data in both EER versions includes information on markets across the country (since this can vary significantly based on where a property is located). Data includes:~~

−	~~Total income per square foot~~

−	~~Rental income~~	+	= Types of data =

−	~~Base rent~~	+	The data in both EER versions includes information on markets across the country (since this can vary significantly based on where a property is located). Data includes:
−		+
−	~~Total operating expenses per square foot~~	+
−		+
−	~~Occupancy rates~~	+
−		+
−	~~Square footage per office tenant~~	+
−		+
−	~~Taxes~~	+
−		+
−	~~Cleaning costs~~	+
−		+
−	~~Electricity expenses~~	+
−		+
−	~~Administrative expenses~~	+
−		+
−	~~Insurance costs~~	+
−		+
−	~~Landscaping~~	+
−		+
−	~~Mechanical/HVAC maintenance~~	+
−		+
−	~~Types of~~ data	+

−	~~Best known as a benchmarking tool, the EER results, which are collected annually, are based on surveys designed to collect~~ operating ~~information from all types of property owners throughout North America. More than 100 property management professionals in both~~ office ~~and industrial facilities typically respond to the survey. Both the Office EER and Industrial EER consist entirely of voluntarily reported data from office and industrial property owners and managers.~~	+	* Total income per square foot
		+	* Rental income
		+	* Base rent
		+	* Total operating expenses per square foot
		+	* Occupancy rates
		+	* Square footage per office tenant
		+	* Taxes
		+	* Cleaning costs
		+	* Electricity expenses
		+	* Administrative expenses
		+	* Insurance costs
		+	* Landscaping
		+	* Mechanical/HVAC maintenance

−	~~Those who participate in~~ the ~~survey~~ are ~~asked~~ to ~~provide:~~	+	Best known as a benchmarking tool, the EER results, which are collected annually, are based on surveys designed to record operating information from all types of property owners throughout North America.

−	~~Building data –~~ building name, address, submitter’s contact information.	+	Those who participate in the survey are asked to provide building name, address, submitter’s contact information along with:

−	-Building information I – area/floor measurements, office/retail areas, ~~carpark~~ details, property class/type/uses, lease type.	+	* Building information – area/floor measurements, office/retail areas, car park details, property class/type/uses, lease type, ownership type, occupancy.
		+	* Income information – rent costs, expense escalations, lease cancellations, tenant improvements, capital expenditures, miscellaneous income.
		+	* Expense information – major expenses, building maintenance, landscaping, mechanical/HVAC, water and sewer, energy, rubbish, fire/life safety/security, wages, management fee, real estate taxes, insurance, reimbursable expenses.

−	~~-Building information II – ownership type, occupancy~~.	+	More than 100 property management professionals in both office and industrial facilities typically respond to the survey. Both the Office EER and Industrial EER consist entirely of voluntarily reported data from office and industrial property owners and managers.

−	~~-Income information – rent costs, expense escalations, lease cancellations, tenant improvements, capital expenditures, miscellaneous income.~~

−	-Expense information – major expenses, building maintenance, landscaping, mechanical/HVAC, water and sewer, energy, rubbish, fire/life safety/security, wages, management fee, real estate taxes, insurance, reimbursable expenses.

	= Creating reports =		= Creating reports =

−	The interactive online databases allow users to generate customized reports using various criteria, including building size, type, class, market, submarket and so on. Reports are downloadable as both Excel and PDF documents, and a subscription grants unlimited access; subscribers can generate as many reports as is necessary.	+	The interactive online databases allow users to generate customized reports using various criteria, including building size, type, class, market, submarket and so on. Reports are downloadable as both Excel and PDF documents, and a subscription grants unlimited access - subscribers can generate as many reports as is necessary.

	The results can be used to help property professionals:		The results can be used to help property professionals:
Line 65:		Line 55:
	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

		+	* Benchmarking as business tool.
		+	* Facilities management.
		+	* Facility condition assessment FCA.
		+	* Facility condition index FCI.
	* Facilities management audit FMA.		* Facilities management audit FMA.

Line 70:		Line 64:

	* [https://www.designingbuildings.co.uk/wiki/Building_owner Building Owners] and Managers Association (BOMA) International, [https://eer.boma.org/BOMA/ Experience Exchange Report].		* [https://www.designingbuildings.co.uk/wiki/Building_owner Building Owners] and Managers Association (BOMA) International, [https://eer.boma.org/BOMA/ Experience Exchange Report].
		+	* Building Owners and Managers Association (BOMA) International, Sample report. [[File:SampleEER2020.Office.pdf\|File:SampleEER2020.Office.pdf]]

	[[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Standards_/_measurements]] [[Category:Contracts_/_payment]] [[Category:Property_development]]		[[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Standards_/_measurements]] [[Category:Contracts_/_payment]] [[Category:Property_development]]

Editor: Created page with "The Experience Exchange Report (EER) is a document that gathers benchmarking data for building owners, property managers, facility managers and other commercial real estate profe..."

2020-07-30T19:42:28Z

Created page with "The Experience Exchange Report (EER) is a document that gathers benchmarking data for building owners, property managers, facility managers and other commercial real estate profe..."

New page

The Experience Exchange Report (EER) is a document that gathers benchmarking data for building owners, property managers, facility managers and other commercial real estate professionals in North America. It is produced by the Building Owners and Managers Association International (BOMA International) in collaboration with research firm Kingsley Associates.

History

First published in 1920, the Experience Exchange Report was initially released for property management professionals who were looking for ways to manage and operate buildings during a time when the growth of cities was moving at a fast pace and skyscrapers were being built in North America. In its original format, the EER featured data from offices (including medical buildings and government facilities). This report was renamed as the Office Experience Exchange Report or Office EER in 2015 when its Industrial Experience Exchange Report or Industrial EER counterpart was launched.

With a focus exclusively on industrial facilities (including warehouses, distribution centres, data centres, laboratories, call centres and so on) the Industrial EER was created as the first resource of its kind for the sector. The Industrial EER was not released in 2020 due to consolidation in the industrial sector, according to BOMA International.

While the Experience Exchange Report was originally released as a published document, over the years it has been converted into an interactive, subscription based tool that allows users to submit their own proprietary information to generate customized reports and comparisons to real-world scenarios. The web-based version of the EER includes historical data that dates back to 2007.

The data in both EER versions includes information on markets across the country (since this can vary significantly based on where a property is located). Data includes:

Total income per square foot

Rental income

Base rent

Total operating expenses per square foot

Occupancy rates

Square footage per office tenant

Taxes

Cleaning costs

Electricity expenses

Administrative expenses

Insurance costs

Landscaping

Mechanical/HVAC maintenance

Types of data

Best known as a benchmarking tool, the EER results, which are collected annually, are based on surveys designed to collect operating information from all types of property owners throughout North America. More than 100 property management professionals in both office and industrial facilities typically respond to the survey. Both the Office EER and Industrial EER consist entirely of voluntarily reported data from office and industrial property owners and managers.

Those who participate in the survey are asked to provide:

Building data – building name, address, submitter’s contact information.

-Building information I – area/floor measurements, office/retail areas, carpark details, property class/type/uses, lease type.

-Building information II – ownership type, occupancy.

-Income information – rent costs, expense escalations, lease cancellations, tenant improvements, capital expenditures, miscellaneous income.

-Expense information – major expenses, building maintenance, landscaping, mechanical/HVAC, water and sewer, energy, rubbish, fire/life safety/security, wages, management fee, real estate taxes, insurance, reimbursable expenses.

= Creating reports =

The interactive online databases allow users to generate customized reports using various criteria, including building size, type, class, market, submarket and so on. Reports are downloadable as both Excel and PDF documents, and a subscription grants unlimited access; subscribers can generate as many reports as is necessary.

The results can be used to help property professionals:

* Develop and refine strategic operations
* Explain operating costs - when compared to others in the marketplace - to decision makers.
* Recognise trends based on past data.

= Related articles on Designing Buildings Wiki =

* Facilities management audit FMA.

= External resources =

* [https://www.designingbuildings.co.uk/wiki/Building_owner Building Owners] and Managers Association (BOMA) International, [https://eer.boma.org/BOMA/ Experience Exchange Report].

[[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Standards_/_measurements]] [[Category:Contracts_/_payment]] [[Category:Property_development]]