Experience Exchange Report
Now in its 85th year, BOMA’s Experience Exchange Report (EER) continues to be the singular, most detailed and most reputable source of benchmarking data representing the office building industry. The 2005 edition, featuring 2004 data, contains operating income and expense data on over 5,000 private and public sector buildings covering almost 1 billion square feet of office space throughout North America. Also included is analysis of current real estate industry trends.
Trends from the 2005 Experience Exchange Report include: US Private Sector Office Building Market
-- Net Operating Income is Up 5.0%
-- Total Operating Expenses are Down 6.1%
US Government Sector Office Building Market
-- Total Administrative Expenses are Down 11.0%
-- Total Operating Expenses are Down 18.0%
Canadian Private Sector Office Building Market
-- Total Utility Expenses are Down 5.3%
-- Total Fixed Expenses are Down 6.6%
Canadian Government Sector Office Building Market
-- Total Administrative Expenses are Down 6.1%
-- Total Operating Expenses are Down 6.7%
Experience Exchange Report Committee plans and conducts an initiative to encourage the membership to participate in the annual Experience Exchange Report.
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