RESOURCES
BOMA/GLA Operating Benchmark Report (OBR)
The BOMA/GLA Operating Benchmark Report (OBR) is back! We are collecting information for data year 2023. The report is a comprehensive survey that covers a wide range of operating expenses, such as utilities, maintenance, insurance, and taxes.
We have contracted with eAutoFeedback, LLC, a third-party vendor, to conduct this electronic survey process, including summarization of the responses received. Please note that BOMA/GLA will not release the names or addresses of any properties submitted to the Operating Benchmark Survey.
Participate today to help the industry understand average expenses across companies and the region!
How do I Participate?
Before starting this survey, please have your 2023 Income/Expense Statement available for each building that you manage.
To submit your data, click on the QR Code or scan the code using the camera on your mobile device. If you have multiple properties, you will have an opportunity at the end of each survey to click on an “Add Another Building” button. Members should have received an email directly with their survey link. If you have not received this email, please reach out to Blake Perez.
BOMA/GLA Operating Benchmark Report Survey submission period is Wednesday, 5/15/24 through Thursday, 6/27/24!
To show our appreciation, when completing the survey by Thursday, 6/27/24 members will be entered into a drawing for the chance to win a free registration to our July 31st event, BOMA on the Sea. (A $230 value!). Non-members will receive a copy of the report for free.
BOMA/GLA and eAutoFeedback, LLC assume no legal responsibility for the accuracy of the data collected or presented, and it will be without warranty, either expressed or implied. In addition, BOMA/GLA nor eAutoFeedback, LLC assumes any responsibility for the outcome of any decisions, contracts, commitments, or obligations made based on this information.
What is the BOMA/GLA Operating Benchmark Survey?
BOMA Greater Los Angeles is gathering data for a BOMA/GLA Operating Benchmark Report as a useful service for its members. Non-members who participate in the survey will be provided access to the report too!
The data will be broken down by region and building class. It will provide the average cost of typical building services per square foot. This will include the cost of janitorial services, landscaping, security, taxes, and insurance, among other expenses.
This information will help property managers and their teams better understand how their building expenses compare with their neighbors in the immediate submarket as well as compared with the Greater Los Angeles market.
We have contracted with eAutoFeedback, LLC, a third-party vendor, to conduct this electronic survey process which will include a summarization of the responses received.
Please note that BOMA/GLA will not release the names or addresses of any properties submitted to the Operating Benchmark Survey. The report will only break down data based on region and class, if sufficient responses for that region or class are received. This is to protect the anonymity of the data.
The final report will be provided as a member benefit, and be available to purchase for non-members who participate in the survey.
We realize that management fees are considered an expense; however, BOMA, as a not-for-profit 501(c)(6), is prohibited by our not-for-profit federal tax status from facilitating any dialogue or discussion of what is charged for these services. Since this would be an antitrust compliance issue, management fee information will not be collected.