Beyond square footage: Elevating CRE through advanced space management

Space management is revolutionizing commercial real estate (CRE), driving tenant satisfaction, operational efficiency, and property value. It's become a critical strategic tool for CRE professionals to optimize resources, enhance sustainability, and maintain competitiveness in a dynamic market.

This newsletter explores key trends, expert insights, and best practices in space management, offering valuable information to help you maximize your property's potential and stay ahead in the evolving CRE landscape.?

?

1. Space management practices and trends in CRE

In CRE, space management is more than just about allocating square footage; it’s about creating environments that drive tenant satisfaction, operational efficiency, and sustainability. More specifically, space management is the strategic planning, designing, monitoring, and measurement of physical spaces for better, more optimal usage.??

Recognizing its significance, Building Engines , a 仲量联行 company, in partnership with BOMA International , gathered insights from property managers, engineers, architects, and others. Read the report to learn:???

• Top space management priorities??
• The impact of inaccurate floor plans??
• The influence of amenities on lease rates??
• Sustainability’s role in space management strategies??
• And more!?

Get the report today.?

?

2. 4 space management priorities CRE leaders can’t ignore

The commercial real estate landscape is constantly evolving, and effective space management has become a cornerstone of success. A recent survey shed light on the current priorities and trends shaping space management practices across the industry. By focusing on these key priorities, property managers and owners can ensure their spaces remain competitive, profitable, and aligned with the evolving needs of tenants and the broader market.??

Discover the 4 space management priorities.?

?

3. How is space management shaping the CRE industry??

Register for this exclusive webinar to learn from three CRE experts how space management is shaping the way real estate leaders maximize the value of their investments. The webinar will also highlight:?

• Top space management trends, challenges, and opportunities??
• The impact of inaccurate floor plans???
• The influence of amenities on lease rates???
• Sustainability’s role in space management strategies???
• And more!?

Save your spot at the webinar.?

?

4. What’s the difference between loss factor and load factor in CRE??

Have you ever asked: What’s the difference between loss factor and load factor in commercial real estate? These terms are essential for calculating the rentable and usable space within a building, which directly impacts leasing costs and space efficiency.? To better grasp these concepts, let’s delve into their definitions and applications.?

… Continue reading …?

?

5. BOMA floor measurement standards?

BOMA maintains a suite of floor measurement standards for a variety of property types, including:?

• Office??
• Industrial??
• Gross Areas??
• Multi-Family and Hospitality??
• Retail??
• Mixed-Use?
• BOMA Standards Development Procedures?

Learn how your property is affected by these measurement standards.?