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Category expenses by building type for commercial sector

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Most U.S. buildings’ expenses break down into a similar distribution —largely fixed costs, followed by utility bills, repairs and maintenance expenses (R/M). On average, building owners spend 22% of their operating costs on energy and water. Corporate facilities typically spend slightly more on utilities ($2.70 per square foot-year), while general multi-tenant buildings spend less ($2.25 per square foot-year). Many operators, when assessing only the value of energy bill reductions, will choose not to invest in energy retrofits.

Sources

BOMA. 2010. Practical Industry Intelligence for Commercial Real Estate. BOMA. link

 
 
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