CBRE | Whitestone's experts report on the global costs of facility management, forecast indexes and analyze industry specific trends.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​


 Latest Research Reports

24 Mar 16

10th Annual CBRE | Whitestone Cost Planning Workshop for DOE Facilities

View presentations from the conference including: A Revised View Of The Impacts Of Deferred Maintenance, An Alternative View Of Component Failure, and Improving The Mission Dependency Index For Capital Prioritization.

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02 Dec 15

2015 Public Sector Workshop

View presentations from our Government Facilities Workshop - Finding Funding for Federal Facilities. Industry-leading speakers representing the federal government, private sector, and academia discussed a range of topics listed here.

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16 Nov 15

Risk Scan

Risk Scan identifies needed repairs or replacements based on the likelihood of failure for each building component (roof, HVAC equipment, plumbing fixtures, etc.), together with its consequences. Those components with both a high probability of failure and a high potential impact to building operability, security, safety and other values, are classified as High Risk.

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13 Nov 15

Benchmarking and Beyond

Evaluating the facility costs of a real estate portfolio is one of the more difficult challenges faced by corporate real estate (CRE) executives today. The purpose of this paper is to present benchmarking in the context of other approaches for estimating and validating facility costs.

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05 May 13

Older buildings more energy efficient according to recent New York City survey

As part of a multiyear benchmarking program, New York City requires all privately-owned large buildings–50,000 gross square feet and over–to annually measure and disclose energy and water use. The survey results for 2010 are presented in a recent report.

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01 Oct 12

Survey of Hong Kong office operation costs provides rare details and a comparison with Whitestone estimates

We recently came upon an interesting survey of office building operating costs published by the Hong Kong Institute of Surveyors.1 Reported costs varied substantially by building grade, but building size and age had little discernable effect. Total operating costs for comparable buildings ($6.77 per square foot) were within 10 percent of Whitestone estimates. Specific costs for energy and management varied more widely and merit further study.

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08 Sep 11

Potential Cost Savings from Consolidating U.S. Federal Data Centers

Data centers have proliferated among U.S. federal agencies, growing from 400 in 1998 to over 2000 by 2010. Alarmed by growing costs and potential inefficiencies, the Obama Administration issued a Presidential Memorandum directing all federal agencies to “adopt a policy against expanding data centers beyond current levels, and develop plans to consolidate and significantly reduce data centers within 5 years.”[1] As a result, Whitestone was tasked by a large agency to approximate the facility savings that might accrue from the closure of a typical data center.

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01 Apr 09

Facility Funding Targets are Distorted by Price Changes

Recent declines in costs have mixed implications for the facility management industry. Two Whitestone indices turned negative in February, the most current data available. Maintenance and repair (M&R) costs declined 4.7 percent, year over year, the first time we have seen a real decline since the inception of the index in 1994. Overall, real estate operating costs declined by 1.5 percent.

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30 Oct 08

Imputed Facility Costs: Accounting for the Shared Use of Federal Facilities

A recent project for the Office of the Secretary of Defense assisted in developing new accounting policies for allocating facility costs among multiple users. Existing cost models— developed with Whitestone support—will be adapted to impute operation, sustainment, and recapitalization costs, and hasten compliance with federal accounting standards, particularly SFFAS 4. This approach could be readily adapted by other federal agencies.

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01 Jul 06

A Whitestone Study of Energy-Saving Retrofits has Lessons for Other Green Projects

A recent study for a U.S. Department of Energy National Laboratory assessed the cost effectiveness of achieving federally mandated energy savings for an older building. Energy performance and cost data for newer technologies required extensive primary research. While proposed changes affected all building systems, over 75 percent of energy savings came from modifications to HVAC equipment.

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