BOMA International is pleased to announce the development of the BOMA 360 Performance Program, a groundbreaking new program designed to validate and recognize commercial properties that demonstrate best practices in all major areas of building operations and management. A BOMA 360 Performance Building designates that a property is being managed to the highest standards of excellence.
What is the BOMA 360 Performance Program?
The BOMA 360 Performance Program is an online self-assessment that evaluates six major areas of building operations and management and benchmarks a building’s performance against industry standards. Applicants must achieve the required number of points to be recognized as a BOMA 360 Performance Building. Only occupied commercial office buildings and industrial buildings are eligible for the BOMA 360 Performance Program designation. Additionally, there are four prerequisites that must be met to apply for the designation. Applications for the BOMA 360 Performance Program may be submitted at any time during the year, with designations conferred quarterly. There is an application fee that is tiered based on the property’s total square footage. The designation requires an annual renewal. A nine-member, independent BOMA 360 Performance Program Council has been appointed to confer the designations, provide administrative oversight and to provide continuous review and updates to keep the program current with industry best practices and standards.
Why is BOMA launching this program?
BOMA’s market research shows that building owners and managers are looking for ways to distinguish their properties in the marketplace and attract tenants. This desire is more apparent now more than ever as the commercial real estate sector faces today’s tough economy. The BOMA 360 Performance Program is designed to recognize outstanding achievement and provide a tool that can be used to market buildings as meeting and exceeding best practices and that it operates to the highest standards of excellence; helping to both keep existing tenants and attract new tenants. Other rating programs only focus on a specific area of operations, such as sustainability. The BOMA 360 Performance Program takes a 360 degree evaluation of all major areas of a property’s operations and management practices.
What are the benefits of being a BOMA 360 Performance Building?
Buildings achieving the BOMA 360 Performance designation will receive a plaque to display on their building, be recognized in a directory of BOMA 360 Performance Buildings on the BOMA International Web site and through press releases and other announcements, and may use the BOMA 360 Performance Program logo on their letterhead, business cards, marketing and other collateral materials.
How do I apply?
Click here to enter the BOMA 360 Performance Program application site. There you will find all of the information, instructions and the online application for submitting your building.
Questions?
If you have any questions about the BOMA 360 Performance Program, please send an e-mail to BOMA360@boma.org.
Posted on
Friday, August 21, 2009
by BOMA Sacramento