Industry News




10/06/2010

Report Reveals Decrease in Operating Expenses

BOMA-Kingsley report analyzes operating costs and expenses

 
Report Reveals Decrease in Operating Expenses

BOMA and Kingsley Associates have released a report documenting a 1.1% decrease in total operating expenses for U.S. private-sector buildings in 2009.

Some of the highlights of this BOMA-Kingsley report include:

  • Fixed expenses jumped 9% at corporate facilities and 4% at medical offices - As opposed to 2% at general multi-tenant buildings.
  • Utility expenses were cut across the board, from general multi-tenant buildings cutting $.08 per square foot from costs, with corporate facilities doubling those savings – Government facilities almost tripling those savings.
  • New York City maintains its status as the most expensive area in terms of operating costs.
  • Energy efficiency is becoming a standard that will outlast the economic downturn.

The full BOMA-Kingsley report can be found here.

 


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.

When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality. 

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.

When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality. 

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.


 
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