Steven Button
Administrator
Taken from an online article...
last year (2008), total operating expenses for superregional malls averaged $11.72 per square foot, 13.4 percent below the $13.54 per square foot spent in 2006
Average operating expenses for regional malls went down 3.4 percent during the same period, to $9.85 per square foot from $10.19 per square foot.
And at $4.38 per square foot, total operating expenses for community shopping centers were down 2.9 percent from the $4.51 per square foot owners spent three years ago.
... all this affects the CAM budget the property manager has, which ultimately affects all exterior cleaning services.
just a little FYI...
last year (2008), total operating expenses for superregional malls averaged $11.72 per square foot, 13.4 percent below the $13.54 per square foot spent in 2006
Average operating expenses for regional malls went down 3.4 percent during the same period, to $9.85 per square foot from $10.19 per square foot.
And at $4.38 per square foot, total operating expenses for community shopping centers were down 2.9 percent from the $4.51 per square foot owners spent three years ago.
... all this affects the CAM budget the property manager has, which ultimately affects all exterior cleaning services.
just a little FYI...
