Building Engines Blog | Building Management
Every place of business needs space for employees and visitors to park, which makes the parking lot one of the more important considerations when managing a commercial building.
Rising employment rates are one of the main drivers of the commercial real estate sector. As businesses hire more workers, they will require additional office space and seek to further expand their operations.
Building Engines released a new whitepaper, “Property and Tenant Management Systems: The High Cost of Maintaining the Status Quo,” that outlines the increasing percentage of real estate managers that are utilizing technology to maintain a competitive advantage and what is really at stake by relying on outdated and sub-par systems.
These days, the buyer is in control. Unlike previous generations, prospective tenants have the tools to instantly research and compare their buying decisions – without so much as leaving the couch or picking up the phone. According to Intelius, 78% of B2b consumers believe that it is very important to look up information about businesses online before deciding to interact with them. You’re likely making your first impression before you ever meet them.
A two-story office building in Bradenton, Florida, sat empty for five years after construction was completed, according to the Bradenton Herald. Five. Long. Years. The national recession and lack of business lending by local banks kept a number of companies from moving into the facility. Every office complex will deal with its share of vacancies, which can hurt the property’s value and make it difficult to stay ahead of expenses. Certain tools can help to not only rent offices but also keep tenants satisfied so that turnover is reduced. Lots of apple turnover, good. Lots of tenant turnover, bad.
The general wear and tear on a building can create some unsafe working conditions. Electrical wiring may become frayed or damaged, increasing the risk of a fire, or walkways may become pitted and rough, boosting the chance of a visitor tripping and being injured. These issues needs to be dealt with for effective building management, but sometimes the construction process can create difficulties… and sometimes cursing… for tenants.
To stay on top of maintenance issues, building managers may need to conduct regular inspections of their properties.
As the mobile movement continues into the future, property managers will need to keep up with the latest trends, but for now it is safe to say that BYOD is a strategy that will save you both time and money while increasing productivity.
Monitoring work orders and repair requests allows building managers to allocate their resources more effectively, which can help reduce overall maintenance costs
Building Engines today released a Property & Tenant Websites Benchmark Report compiled from a 2013 Property Websites Survey of hundreds of commercial real estate professionals.
Do you have trouble expressing the depths of your fiery passion for assets, your flight of fancy for facilities, your love affair with property management? In honor of St. Valentine today, I’m going to show you just how romantic building operations can be. An industry-specific pick-up line is the best way to woo your S.O. and demonstrate how your ardent adoration burns hot – within the confines of fire & life safety regulations of course.
The property manager that prepares ahead of time for weather-based emergencies is the property manager with happy tenants- and software is often the key to both preparedness and efficient crisis response.
Building managers should communicate with their tenants about building policies and procedures, contact their snow removal, and brief their property teams on the timing of the storm and likely changes to their building management activities- all well in advance of the storm.
Here’s some commons reasons why people delay investing in a property & tenant management system, and how you can overcome them.
Building Engines announced the successful release of its next generation mobile app, BE-Mobile. The app, which is an extension of Building Engines’ Property & Tenant Management Platform, leverages new and powerful mobile technology to manage key operational tasks, including work orders, preventive maintenance, incidents and inspections. This week marked the 1,000th download of BE-Mobile, a milestone that represents a 200% increase over projections for the soft launch period.