Building Improvement Capital Expense (CAPEX) Request Template
Fats, Oils & Grease (FOG) Concepts & Applications
Fats, Oils, and Grease (FOG) are generated during food preparation and cooking at Food Service Establishments (FSEs) including cafeterias, restaurants, cafes, bars, hotels, school kitchens, and other food service preparation and cooking locations. Fats, Oils and Grease (FOG) can be found in meat and poultry fats, cooking and frying oils, fried foods, shortening, butter, margarine, gravy, sauces, b...
Electricity Metering & Sub Metering
The measurement of base building systems and tenant-specific equipment electricity consumption, through sub-metering applications, is increasing in importance within the commercial real estate industry. With a continued emphasis in energy initiatives, such as Leadership in Energy & Environmental Design - LEED, “how much and when we use energy” is becoming even more important to the real es...
U.S. Carbon Dioxide (CO2) Emissions
On January 22, 2018, the Energy Information Administration (EIA) released a report detailing the energy-related carbon dioxide (CO2) emissions, for all 50 States and the District of Columbia, between 2010 through 2015. The analysis included trends in total CO2 emissions and CO2 emissions per capita.
Emergency Procedure | Building Fire Incident
Building emergency response team training, in emergency preparedness and evacuation, is an essential element of the property manager’s life safety program. A “Fire” Emergency Procedures Template can prove to be an invaluable resource in developing an effective response in the event of a building fire or other occupants’ evacuation incidents.
LIBOR Rates Update
London Interbank Offer Rate - LIBOR is the rate of interest banks offer to lend money to one another in the wholesale money markets in London. LIBOR is the most popular index for short-term interest rates around the world. In fact, LIBOR rates are often considered more reliable than the federal funds rates that central banks publish.
Operating Expense CAP | Concepts & Applications
An operating expense ‘Cap’, also referred to as an ‘expense increase limit’ or ‘expense stop’, is regularly included in the landlord-tenant lease in order to reduce the potential increase in operating expense liability to the tenant. From a tenant’s perspective, an expense Cap provides assurance in controlling their proportionate share of the property’s annual operating expense inc...
Fire & Evacuation Drill | Best Practices
Natural Disasters Hurricane Preparedness
The 2017 hurricane season will enter its 2nd, and most active, half on September 1st. By definition, the U.S. Atlantic hurricane season starts on June 1st and ends November 30th. On May 25, 2017, National Oceanic & Atmospheric Administration (NOAA) indicated an above-normal or near-normal 2017 hurricane season is most likely.
Water Metering Concepts & Applications
Water exemplifies a precious natural resource to the commercial real estate industry. Its availability has constraints and the cost of water is increasing in most U.S. regions at a significant rate. Local water-sewer treatment costs are also increasing at rates higher than general inflation. Water conservation is more important than ever to commercial real estate owners and operators.
Emergency Procedures – Elevator Entrapment
An effective elevator preventive maintenance program will reduce the occurrence of elevator entrapments through pro-active identification of potential problems. A critical element in preventive maintenance is the early identification of elevator operational issues, such as elevator car floor not level with the lobby floor and door malfunctions.
Electricity deregulation affords commercial real estate owners with options regarding the supplier of this energy commodity. Deregulation provides an open competitive marketplace from which multiple energy companies can compete for the energy business of commercial real estate owners. Electricity Purchasi...