{"id":1004105832,"date":"2014-11-18T06:24:08","date_gmt":"2014-11-18T14:24:08","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004105832"},"modified":"2022-12-08T13:07:02","modified_gmt":"2022-12-08T21:07:02","slug":"office-costs-at-a-glance-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/office-costs-at-a-glance-2\/","title":{"rendered":"Office Cost Trends: A Snapshot"},"content":{"rendered":"<p>A strengthening office market nudged both income and expenses upward from 2012 to 2013, according to the <i>2014 Experience Exchange Report,<\/i> the annual survey conducted by the Building Owners and Managers Association International and Kingsley Associates.<\/p>\n<p>Expense categories that posted the biggest gains include fixed expenses (8.4 percent), repairs and maintenance (5.9 percent) and security (5.8 percent). Reversing a four-year decline, utility expenses increased 2.4 percent. On the other side of the ledger, total income increased 7.4 percent year over year and rental revenue rose 7.2 percent.<\/p>\n<p>For a preview of operations costs in 2015, don&#8217;t miss &#8220;Price-Tag Preview&#8221; in the November issue of CPE.<\/p>\n<p>&nbsp;<\/p>\n<div id=\"attachment_1004105785\" style=\"width: 442px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/10\/PM_Enhance_Office.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004105785\" data-attachment-id=\"1004105785\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/office-costs-at-a-glance-2\/pm_enhance_office\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/10\/PM_Enhance_Office.jpg\" data-orig-size=\"432,386\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"PM_Enhance_Office\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Source: Building Owners and Managers Association International\/Kingsley Associates, 2014 Experience Exchange Report.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/10\/PM_Enhance_Office.jpg?w=432\" class=\"size-full wp-image-1004105785\" alt=\"Office Costs at a Glance\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/10\/PM_Enhance_Office.jpg\" width=\"432\" height=\"386\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/10\/PM_Enhance_Office.jpg 432w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/10\/PM_Enhance_Office.jpg?resize=300,268 300w\" sizes=\"auto, (max-width: 432px) 100vw, 432px\" \/><\/a><p id=\"caption-attachment-1004105785\" class=\"wp-caption-text\">Source: Building Owners and Managers Association International\/Kingsley Associates, 2014 Experience Exchange Report.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A strengthening office market nudged both income and expenses upward from 2012 to 2013, according to the 2014 Experience Exchange Report, the annual survey conducted by the Building Owners and Managers Association International and Kingsley Associates. Expense categories that posted the biggest gains include fixed expenses (8.4 percent), repairs and maintenance (5.9 percent) and security&hellip;<\/p>\n","protected":false},"author":445,"featured_media":1004105785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,21747,21785],"tags":[],"class_list":["post-1004105832","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-office","category-property-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Office Cost Trends: A Snapshot - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/office-costs-at-a-glance-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Office Cost Trends: A Snapshot\" \/>\n<meta property=\"og:description\" content=\"A strengthening office market nudged both income and expenses upward from 2012 to 2013, according to the 2014 Experience Exchange Report, the annual survey conducted by the Building Owners and Managers Association International and Kingsley Associates. Expense categories that posted the biggest gains include fixed expenses (8.4 percent), repairs and maintenance (5.9 percent) and security&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/office-costs-at-a-glance-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-11-18T14:24:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T21:07:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/10\/PM_Enhance_Office.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"432\" \/>\n\t<meta property=\"og:image:height\" content=\"386\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Paul Rosta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-costs-at-a-glance-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-costs-at-a-glance-2\\\/\"},\"author\":{\"name\":\"Paul Rosta\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/ed97e8245f278ce01a7b951f706152af\"},\"headline\":\"Office Cost Trends: A Snapshot\",\"datePublished\":\"2014-11-18T14:24:08+00:00\",\"dateModified\":\"2022-12-08T21:07:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-costs-at-a-glance-2\\\/\"},\"wordCount\":121,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-costs-at-a-glance-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/10\\\/PM_Enhance_Office.jpg\",\"articleSection\":[\"News\",\"Office\",\"Property Management\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-costs-at-a-glance-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-costs-at-a-glance-2\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-costs-at-a-glance-2\\\/\",\"name\":\"Office Cost Trends: A Snapshot - 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