In an effort to save time for their members and to increase participation in their respective annual income and expense surveys, the Building Owners and Managers Association (BOMA) International and the Institute of Real Estate Management (IREM) have agreed to collaborate on a joint survey for 2001.
The joint survey will collect office income and operating expense data for BOMA’s benchmark publication, the Experience Exchange Report (EER), and for IREM’s publication, the Income/Expense Analysis. The joint format will enable commercial real estate professionals—both members and non-members of either or both associations—to participate in both organizations’ surveys without filling out separate questionnaires.
Questionnaires will be mailed to both organizations’ memberships. Participants will need only to fill out the paper survey once, then mail a copy to each organization. The survey document will also be accessible on both organizations’ Web sites. The survey will collect year 2000 data, and both benchmarking publications summarizing the survey results will be published in mid-2001.
