CBREWhitestone Government Real Estate Trends and Facility Cost Workshop

The 9th annual CBRE | Whitestone Government Real Estate Trends and Facility Cost Workshop was held in Washington, D.C. on June 19-20th. The two-day event included research briefings and discussions related to real estate strategy and budgeting for public sector clients. Please contact us if you are interested in the individual presentations below:

 

Seeking A Balanced Budget: Impacts, Challenges and Opportunities for Public Sector Organizations in U.S. Office Markets. U.S. economic growth continues to accelerate but reduced federal spending will continue to impact the Metropolitan D.C. office market.

Workplace Strategy 3.0: Lessons Learned from Leading Edge Implementers. The CBRE Workplace 360 initiative is reducing real estate costs and increasing employee satisfaction by reducing underutilized space and enhancing collaboration.

Portfolio Optimization: Building a Business Case. This brief describes the varied strategies employed in matching workforce demand and workplace supply for large public sector portfolios. Developing the business case for portfolio change is illustrated with the experience of the U.S. General Services Administration.

Energy Efficiency & Financial Performance: a Review of Studies in the Market. U.S. Department of Energy Analyst Elena Alschuler summarizes the evidence for the link between energy efficiency and building financial performance.

How Oracle Won the America's Cup: Important Lessons for Every Organization. Oracle yacht designer and CBRE Analyst Chad Turner describes the strategy behind the greatest comeback victory in modern sports history.

Public-Private Partnerships: Strategies, Opportunities and Challenges. Public agencies have the ability to develop needed facilities, generate revenue, and further economic development by partnering with private sector developers. CBRE practice leader Peter Larkin describes the steps to PPP success.

Benchmarking and Beyond: Getting to the Right OpEx for Government Facilities. Traditional benchmarking has focused on the actual spending of peer groups instead of looking at what budgets should be according to best practices. This brief describes the collection of benchmarking methods available.

The Role of Risk in Facility Funding Decisions: Lawrence Livermore National Laboratory Case Study. Capital planning based on the value of deferred maintenance can overstate the need for immediate funding. New risk analytics can prioritize spending and make a more compelling case for facility budgets.

Portfolio Condition Assessments: A Comparative Framework. Most public agencies have a responsibility to monitor the condition of their real property portfolios. Common techniques are compared on the basis of cost, accuracy, and detail. Transparency is seen as a major shortcoming of the Builder approach recently selected by the U.S. Department of Defense.

Simulating the impacts of Deferred Maintenance. A discussion and demonstration of two models simulating the complex impacts of variable maintenance funding. Developed in collaboration with Ohio State, a system dynamics model focuses on the collateral costs of underfunding, while an agent based model suggests that individual buildings are somehow connected in the effect of deferred repairs.

CostLab Demonstration Webinar Schedule for August

Please join us for a demonstration of CostLab, the only online tool for facility benchmarking, budgeting, and life cycle cost planning. Learn how CostLab can help you uncover cost savings, funding issues, and investment opportunities.

Our informative 60 minute demonstrations provide a wealth of information.

CostLab, Online facility cost tool

 

Register for one of our upcoming sessions by clicking one of the dates below. All times are Pacific Time.

August 5, 2014, 10:00a.m. PT -Tuesday

August 13, 2014, 11:00a.m. PT - Wednesday

August 21, 2014, 9:00a.m. PT -Thursday

 

If one of these sessions will not fit your schedule, please contact us by calling 844.845.6638 so that we may arrange a private demonstration for your firm.

Whitestone Indexes for November 2013

Average facility costs rose 0.57 percent, year over year, as indicated by the non-residential operation cost index. Residential occupancy costs increased by 0.29 percent and the CPI's (Urban Consumers, All Items) increased 1.24 percent over the same period.

For more information click here.

Whitestone Indexes for October 2013

Average facility costs rose 1.07 percent, year over year, as indicated by the non-residential operation cost index. Residential occupancy costs increased by 0.61 percent and the CPI's (Urban Consumers, All Items) increased 0.96 percent over the same period.

For more information click here.

Whitestone Joins Forces with CBRE

WSTLogoCBRE_logo



December 17, 2013


Dear Clients, Business Associates, and Industry Partners,


I take great pleasure in announcing that Whitestone Research has merged with CBRE Group, Inc, a Fortune 500 and S&P 500 company based in Los Angeles, California. Today, we formally take the next step in our continuing journey to provide innovative facility cost modeling for clients worldwide.


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Whitestone Indexes for September 2013

Average facility costs rose 1.22 percent, year over year, as indicated by the non-residential operation cost index. Residential occupancy costs increased by 0.75 percent and the CPI's (Urban Consumers, All Items) increased 1.18 percent over the same period.

For more information click here.

What are Facility Life Cycle Costs?

Whether used for budgeting, project estimation, or planning-the concept of life cycle cost is subject to a variety of definitions. The example below uses terms consistent with most commercial standards.

PieChart

All the costs presented in this report were estimated using Whitestone cost tools.
If you would like to find out more, please visit whitestoneresearch.com or contact us directly at 800-210-0137.

Whitestone Facility Cost References for 2013-2014 now available!

Whitestone Books
New Whitestone Cost References are available!
Completely revised. New cities and models. Updated cost items and labor rates.
Whitestone Books
Facility Maintenance & Repair Cost Reference 2013-14 (18th Ed.)
Facility Operations Cost Reference, 2013-14, North American Version (7th Ed.)
Facility Operations Cost Reference, 2013-14, International Version (3rd Ed.)
PProvides detailed maintenance and repair costs for 74 building types in over 400 North American and international areas.

Data is included for over 1,700 building components, over 30 trades, and more than 4,900 maintenance tasks.

Profiles operations costs for 74 building types in all major North American areas.

Alternative levels of service are estimated for custodial, energy, grounds, management, pest control, refuse, road clearance, security, telecommunications, and water & sewer.

The only source for international facility costs, providing detailed operation costs for 74 asset types in over 150 international locations.

As with the North American version, alternative levels of service are estimated for custodial, energy, grounds, management, pest control, refuse, road clearance, security, telecommunications, and water & sewer.

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Whitestone Indexes for July 2013

Average facility costs rose 1.77 percent, year over year, as indicated by the non-residential operation cost index. Residential occupancy costs increased by 1.69 percent and the CPI's (Urban Consumers, All Items) increased 1.96 percent over the same period.

For more information click here.

Whitestone Indexes for June 2013

Average facility costs rose 1.94 percent, year over year, as indicated by the non-residential operation cost index. Residential occupancy costs increased by 1.74 percent and the CPI's (Urban Consumers, All Items) increased 1.75 percent over the same period.

For more information click here.