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SUSTAINABILITY

BOMA International is thrilled to announce its partnership with IREM, NAA, and Lobby CRE to bring the Income/Expense IQ report to a wider audience. This partnership enables BOMA to produce a high-level, comprehensive report, full of data that will be incredibly useful to real estate professionals. Using this link, members can take the survey and receive a complimentary copy of the report upon release. Submit your building data today to strengthen the industry of the future! Click Here to Take the Survey

INCOME EXPENSE IQ

What is Income/Expense IQ?

Income/Expense IQ provides you with nationwide, real-time property benchmarks—giving you actionable insights to identify opportunities and optimize financial performance. Download benchmarks in one, five, ten, or all metro areas to pinpoint opportunities to enable you to operate more efficiently and drive value for your owners and tenants.

You're able to compare the performance of your properties in real-time, work with your team to assess data, and filter through our powerful online and interactive dashboard. Benchmarks reflecting 2020, 2021, and now 2022 data are available for three asset classes and grow every year.

For questions on the platform or data-related inquiries, please contact sales@lobbycre.com
If you've got concerns about data privacy, we've got you covered! Read more  
Please see our FAQ Document for help getting started.

Submissions for 2024 are Open! Enter Data and Get a Free Benchmark


INDIANAPOLIS BENCHMARKING ORDINANCE

The Indianapolis Benchmarking Ordinance was approved by the City County Council on July 12, 2021.  Read the entire proposal here:  CITY-COUNTY GENERAL ORDINANCE NO. 25, 2021 / Proposal No. 185, 2021

Most questions can be answered by reading the above ordinance language.  This ordinance is for buildings located in Marion County, Indiana.  Here are a few key components:

Schedule

All city properties >25K SF and non-city properties >50K SF should be submitting their data as of 2024.  Scores for covered city properties will be shared.  Data transparency for all covered properties will be published in 2026.

Building type exemptions

  • Single family, duplex, triplex and fourplex residential homes and related accessory structures, or any other residential building with less than four (4) units
  • Properties classified as industrial per the designated Standard Industrial Classifications (SIC) codes 20 through 39:
    • These are typically manufacturing properties engaged in the mechanical or chemical transformation of material or substances into new products.  These are usually described as plants, factories, or mills and characteristically use power driven machines and materials handling equipment.


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