nai global: Space Planning and the Total Cost of Occupancy
- 07/29/11 02:10 AM
The number of occupants and the space required per occupant are the key determinates to total cost of occupancy. Consider that the occupancy costs are the multiplication of the rental rate per square foot plus the operating costs per square foot times the number of people and the space that each person occupies. There are factors that add to the total space consumption including lost space from hallways, bathrooms, elevator cores, storage areas, atriums and reception areas. This is often called the building loss factor and is an efficiency measure of the building. To these losses also add the space required … (0 comments)
nai global: Preparing for Lease Administration
- 07/29/11 02:09 AM
NAI is constantly evaluating tools for providing lease administration services to our clients. However, determining the right solution for the client is not a casual effort. Below are some of the key factors that need to be discussed and understood as you work through the process of setting up a lease administration solution. Clearly understand the client needs and how that balances with their requests and perhaps more importantly their expectations. It’s important to understand the timing for getting the system populated, tested and running. This is a critical element, as it is a major undertaking to make any system functional with the client information. … (0 comments)
nai global: Consolidation Accelerates Ahead of Market Recovery
- 05/28/11 07:07 AM
Since the beginning of 2011, there has been a torrid level of M&A activity in the commercial real estate services industry. Recently announced deals include CBRE’s acquisition of the ING Real Estate fund management business; the sale of Newmark to financial derivatives house BGC; Colony Capital’s loan and exclusive look period with Grubb & Ellis; the recapitalization of DTZ by investment group SGP and the possible follow on merger with BNP Real Estate; and the hotly rumored takeover of King Sturge by JLL. And that is just on the services side. On the information side, Argus is selling to Altus and … (0 comments)
nai global: Pennsylvania 2011 Market Report
- 04/24/11 09:15 AM
The PA Commercial Real Estate Market Report is ready. Please see the link below; the report was compiled by various NAI offices. For more information please send us an email at Bcole@naikeystone.com or check us out on the web at www.Bryan-Cole.com. Interactive Brochure: http://www.bryan-cole.com/ibro/marketinfo/pa/pareport2011.html Bryan E. Cole | Team Leader NAI Keystone Commercial & Industrial, LLCdirect: 610-370-8502 Bcole@naikeystone.com Check out my new website at www.Bryan-Cole.com
The number of occupants and the space required per occupant are the key determinates to total cost of occupancy. Consider that the occupancy costs are the multiplication of the rental rate per square foot plus the operating costs per square foot times the number of people and the space that each person occupies. There are factors that add to the total space consumption including lost space from hallways, bathrooms, elevator cores, storage areas, atriums and reception areas. This is often called the building loss factor and is an efficiency measure of the building. To these losses also add the space required … (0 comments)
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