Operations | Building Engines
Building Engines Blog | Operations
This summer is set to be more extreme than prior years, with more frequent above-90-degree days on the East Coast while the drought in the West continues to expand.
As temperatures drop and the cold months linger, property owners and managers are tasked with combatting rising energy costs. Sufficiently heating a commercial real estate building can often drain the wallet – but it doesn’t have to. We’ve compiled a list of the top eight tips for saving money this season.
Solar power has long been considered a potential solution to rising energy costs, but commercial buildings often have limited space available to place the large cells needed to capture sufficient amounts of sunlight. All of that may change as scientists from the University of California Los Angeles announced they have developed a see-through solar film that could eventually be used on windows, according to Fox News.
Lack of workforce efficiency is not just a frustrating reality – it’s a costly one. Every day property management teams strive to boost their bottom line and increase tenant satisfaction, but sometimes there are roadblocks on the path to CRE success. Many factors can lead to decreased productivity, from tackling too many tasks to forgoing modern technology. Check out the infographic below and make sure you – and your employees – aren’t facing any of these pitfalls.
Businesses in every industry need to react quickly to changing conditions. The faster companies are able to alter production, marketing or customer service strategies, the greater advantage they have over their competitors that are struggling to keep up
Your company may not have the “fierce five” somersaulting down the halls or Ryan Lochte’s unmistakable American flag mouth piece glinting in the cubicle across from you, but that doesn’t mean your risk management can’t be world class too.
One of the latest clients to incorporate Building Engines into their daily routine is the Mesker Park Zoo, located in Evansville, Indiana. Typically when people think of Building Engines, they think of assembling car parts. And then they think of a commercial property management tool. This is because amateur auto mechanics are very prevalent. And the majority of our clients utilize our standard setup, which breaks accounts down by building, employees, and occupying tenant companies.
Peter Drucker’s modern management principle says it all: “If you can’t measure it, you can’t manage it.” With a greater demand for accountability from management teams comes a new emphasis on quantifiable operational performance metrics. Join us as senior real estate investment professional, Timothy Donahoe, shares his perspective on identifying key areas for metrics and visibility to mitigate risk and enhance investor returns.
We were very pleased this week to announce our new partnership with eSight Energy! eSight Energy is the creator of eSight, the world’s most sophisticated and comprehensive energy management suite. Utilizing 100% web-enabled technology, eSight offers an extensive range of techniques for analyzing energy usage and targeting sites for significant energy and cost savings. This partnership will […]
Much of the value we promise to deliver with our products and services revolves around the concept of helping our clients become “more efficient.” It’s a phrase we use liberally, but what does it mean and where is the real benefit to any organization? Property or facility managers and their staffs need to manage and […]
We have talked a lot about the need to perform and be better. After all, do any of us really aspire to do the same thing day after day; performing our jobs in rote fashion without conscious thought? If so, we are destined to deliver the same results. And there is one thing for certain, […]
In a real estate down-cycle our asset valuation focus changes. The heyday of strong cap rates, rental rate growth and high transactions volumes caused asset managers to focus on high return through asset appreciation. Capital projects soared, borrowing soared, and valuations soared with them. It seemed like there was no ceiling to real estate values. […]