August 4, 2006—As the turmoil in Iraq and the Middle East continue to roil the energy markets, energy costs for US commercial real estate continued to rise, says BOMA’s 2006 Experience Exchange Report (EER). The most noticeable increase in this sector occurred in utility costs, which rose to $2.00 in 2005, a 9.29 percent increase from $1.83 in 2004.
Available in book or CD-ROM form, the EER offers breakdowns of specific data in more than 100 markets. It is a useful industry tool to aid in evaluating your operating expenses, creating operating strategies and compiling budgets.
To order a copy, visit the BOMA Web site.
