Congratulations to the team at Piedmont Office Realty Trust for their two wins at the 2024 Southern Region Conference!

500,000-1M square feet category winner: The Exchange on Orange

Suburban office park, low-rise category winner: 400 & 500 Town Park

We will be in Philadelphia to cheer you on to victory!

Click here to see all the photos from the TOBYs Award Banquet at SRC24.

BOMA Orlando was well represented in Atlanta for SRC24.

Congratulations to BOMA Orlando members Michele Betancourt, Michelle Carter, David Goldman, Megan Tucciarelli and Terri Walther on your election to the 2024-2025 Southern Region Board of Directors. (Elected but not pictured: Sandy Castro and Suzanne Wells)

ICYMI

Our April luncheon guest speaker was Bruce Lindsay, Business Development Leader for Trane Technologies' Thermal Storage Systems. Bruce shared ways to make the 2022 Inflation Reduction Act work for your buildings by way of enhancements and tax credits.

Our 50/50 raffle for BOMA International's PAC raised $485. Thank you Brittany Shelton with Tecta America for donating your prize winnings back to the PAC!

Part-time offices on the rise as tenants balk at paying for 5 days

With the industry wrestling with constantly evolving work patterns, can the solution be as simple as dropping the days when staff would rather stay home? (Bisnow)

A unique opportunity for trophy office development

Class A+ office space has been outperforming other classes of office space since the beginning of the COVID-10 pandemic. (CBRE)

Now is the time to upgrade Class B office space

Take advantage of the Class A shortage by making strategic investments in Class B buildings. (Buildings)

RTO trends upward as over 80% of landlords see uptick in office lease renewals



Nationwide office visits in March were at some of the highest levels since the onset of the pandemic. (Bisnow)

Political unrest tops list of RE risks

New survey shows industry faces an extraordinary era of unpredictability. (GlobeSt)

EV battery quest super-charges demand for sites, facilities

Upward of $80 billion worth of projects have been announced; here's what that means for CRE. (Commercial Property Executive)

New energy efficiency rules announced by DOE



The Biden administration finalizes standards on lightbulbs, commercial unitary air conditioners and heat pumps, circulator pumps, dishwashers, and refrigeration products. (GlobeSt)

Commercial foreclosures have more than doubled since last year



Foreclosures have climbed steadily since the pandemic began in 2020. (Bisnow)

Why more companies are opening office doors to dogs

Pet-inclusive workplaces crop up amid a proliferation of "lockdown puppies." (JLL)

Positive culture drives well-being while Gen Z values flexibility

Gen Z appear to prize autonomy, a work-life balance and the ability to customize their work time. (HRDive)

BOMA International corner

webinar: Mastering Cost Management and Revenue Optimization with Income/Expense IQ Benchmarks

April 30, 2 pm Eastern

Free to members and non-members

Click here to register.

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The YARDI-BOMA sustainability grant program is now accepting applications for Annual Conference scholarships.

Who can apply? There are no age, experience, or membership restrictions, however applicants must be first-time attendees to the BOMA Annual Conference.

What is included? This opportunity is intended to connect sustainability-minded individuals with the broad array of opportunities offered at the Annual Conference, July 13-16, in Philadelphia, PA. The grant covers the cost of registration and up to $1,000 in travel expenses.

In addition to the full slate of education sessions and committee meetings, awardees will explore the conference with an industry mentor, attend a special breakfast session in their honor, and cap it off with an exciting night at the TOBY Awards Banquet.

When is the deadline? The application deadline is May 10, 2024.

To apply, visit form.jotform.com/240705622776156. Questions can be directed to Cameron Macuch at cmacuch@boma.org.

Featured Penthouse Partner for April

You can contact these new folks and all BOMA Orlando members by searching in our Membership Directory.

(remember to log in first)

Welcome

New Members

Mike Beale

Principal

Bishop Beale Duncan

Abby Nelsen

Real Estate Manager

Foundry Commercial

Ivan Pizarro

Branch Manager

Landcare

Katyann Beerbower

Director, Industrial Asset Management

Twenty Lake Holdings

Dan Calello

Florida Business Development

Marsden

Congratulations to Elise Matulis

on her new position as Property Manager

with AdventHealth!

Have member news to share? Send to joe@bomaorlando.org.

Thank you to our Atrium Partners for 2024!