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Tour: Building Tour Part II
Date: Sept. 13
Time: 4 pm – 6 pm
Location: 816 Congress Avenue by Cousins Management Team
We're extremely appreciative that Cousins accepted our request to tour 816 Congress Avenue. Since not all have the opportunity to manager a brand-new property like 500 W 2nd Street, we want to show that incredible results that can be gained by more seasoned buildings through effective management as well as the commitment of savvy ownership. The building has completed significant retrofit projects and now are one of the most sustainable properties in the Cousin's portfolio. We'll see the central plant, lobby, tenant amenities and a standard tenant space at each property. Of course, you'll also network with your colleagues as there will be wine and nosh available.
We look forward to seeing you there!
Thank you to our 816 Congress Avenue Sponsors
Sponsors: Blue Ocean Energy and Climatec
Ensuring workplace and employee health and safety are issues at the center stage of today's property industry. As a property professional, this course will help you develop and manage proactive environmental/occupational health and safety programs, comply with regulatory standards and guidelines, and assess when to obtain technical assistance.
Date: Sept. 13 - 15
Time: 8 a.m. - 5 p.m.
Frost Bank Tower,
401 Congress Avenue,
11th Floor Conference,
Key topic areas:
local, state, and federal regulations • environmental site assessments • hazard communication • emergency response • asbestos and lead management • ergonomics • indoor air quality • hazardous waste • storage tanks • audits, recordkeeping, and other regulatory issues • ADA, EPA, OSHA, CERCLA, and the FULL ALPHABET SOUP of environmental health and safety
FMA®, RPA®, SMA® designations
Don't miss out on the benefits from BOMA International's just-released 2018 Experience Exchange Reports. Research shows that benchmarking your commercial property against others in this online database can save you up to three percent each year on operating expenses — an impressive return on investment.
The Office EER and Industrial EER are the commercial real estate industry's most comprehensive and trusted benchmarking resources for the office and industrial sectors. Use the detailed income, expense and occupancy information from thousands of properties across hundreds of markets to evaluate your building's operations, identify opportunities for cost savings, build better budgets, discover market trends and more. With the interactive functionality of these online reports, you can sort by multiple building parameters and by countless line items to drill down to exactly the information you need to help your property succeed. And, with a premium subscription, you can also gain access to trend data for all markets dating back more than a decade.
Get the data you need to improve your bottom line. Subscribe to the Office EER and Industrial EER now at eer.boma.org.
Greater Austin Crime Commission
-- Police staffing plan recommends 56 new officers in 2019, but an early budget proposal includes funding for only 15 cops.
The Greater Austin Crime Commission expressed alarm that an early city budget proposal adds only 15 police officers, despite a five-year staffing plan that recommends 56 more positions in 2019. City Manager Spencer Cronk's proposed fiscal year 2019 budget will be released on Aug. 1.
"We are disappointed to see that an early budget proposal ignores the police staffing plan presented to the Austin City Council in April," said Pete Winstead, president of the Greater Austin Crime Commission.
Careers Building Communities
Twenty-nine real estate industry organizations, representing more than 10 million jobs, announced a ground-breaking collaboration to highlight the diverse career paths within the real estate sector. The first initiative of this collaboration is a new website entitled Careers Building Communities, which allows visitors to find information about different career paths and even take an interactive quiz to see how their skills fit into various facets of the real estate industry.
As the industry seeks to fill millions of jobs, this site serves as an all-inclusive resource for students, educators, career changers and other stakeholders to explore opportunities in the field of real estate.
Learn more at CareersBuildingCommunities.org.
Travis County at last has a site and a development team for a new courthouse, the Austin American-Statesman reported. County Judge Sarah Eckhardt announced that the county will work with a development team on the new home for its civil and family courts, which will be located at 1700 Guadalupe Street on a 1.46-acre site. Most of the land is now surface parking lots—although part of it was once home to the legendary Dog & Duck pub.
By Dale Willerton and Jeff Grandfield
For many commercial tenants, negotiating a good lease or lease renewal against an experienced agent or landlord can be a challenge. While an entrepreneur focuses on marketing and managing, savvy real estate agents and brokers are specialized salespeople. Their job is to sell tenants on leasing their location at the highest possible rental rate. Whether you are leasing a new location for the first time or negotiating a lease renewal for your business, here are two money-saving tips.
National Real Estate Investor
The importance of sustainability in commercial real estate as a growth engine is now recognized by market participants both on the equity and on the debt side.
Earlier this year ING issued a survey, which found that in the Americas, sustainability strategies have shifted from being a cost-cutting or brand reputation strategy to being a true revenue driver.
Buying commercial real estate is an exciting yet stressful undertaking. Whether you’re expanding your location or renovating your current space, you should learn about the ins and outs, especially when it comes to the cost of your investment.
| || WORKPLACE AND MANAGEMENT NEWS|
By Michael J. Berens
More than half of current homeowners plan to undertake one or more renovation, remodeling or repair projects this year. Most of those say they will spend as much or more than they did last year on home improvements. Those are among the top findings of two recent homeowner surveys, which indicate that remodeling activity will remain strong throughout the remainder of the year.
The future of office space will be about more than square footage or open-office floor plans. Rather, office managers will have to focus on creating an attractive user experience, from free coffee to lounge space, for every occupant. In the U.S., around 1.2 million employees worked in a coworking space last year. With flexible office space now the main driver of office occupancy growth, many landlords have started to convert conventional office space into coworking and flexible space.
Too busy or not busy enough. It can seem like we only experience either extreme.
In any business, it's easy to lose sight of the big picture and get caught up in urgent tasks that are ultimately less important. For example in real estate, agents must have a "pipeline" versus "transaction" mentality. That means keeping an eye on the big picture and your business development rather than getting bogged down by day-to-day administration. If you don't focus on what's important, you get through the busywork to find that you have no leads.
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