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Page 2 — Property Management Quarterly — January 2018
Letter from the Editor
A s we start the year, it’s always
nice to set goals and resolu-
tions. As property managers,
there are numerous responsi-
bilities and relationships that
can benefit from this type of planning.
This issue lays out a number of sugges-
tions.
For long-term budgetary goals, the
authors in this issue
challenge manag-
ers to consider the
return on invest-
ment of incorpo-
rating smart tech-
nologies into their
building systems
and to consider how
well an asset is pre-
pared for changes
and challenges that will come about as
Colorado adjusts to climate variations.
The recently passed Denver Green
Roof Initiative also requires proper
planning on the part of management
staff, because existing buildings will be
required to meet the mandate in two
circumstances – roof replacements on
buildings that meet the square foot-
age parameters and when additional
square footage is added, which brings
a building’s total square footage into
the outlined parameters. As the author
writes on Page 4, it is not unreasonable
to think that retrofitting projects could
now come with unanticipated costs.
For goals that will benefit the asset
and ownership immediately, property
managers are encouraged to edu-
cate themselves on their building’s
insurance coverage and commercial
property taxes. As the advocate for
the asset, it’s up to the manager to be
knowledgeable about rises, gaps and
inconsistencies.
Maintenance programs that can be
implemented today are highlighted in
articles beginning on Page 16.Tips to
help your team grow and remain loyal
are shared on Page 14, while ideas for
tenant retention through the enhance-
ment of community well-being are
highlighted on Page 20.
One goal that benefits the build-
ing’s community is an unfortunate,
but important issue – preparation for
active threats – which is addressed on
Page 22.The Red Cross offers training
sessions free to businesses and non-
profit organizations of all sizes that are
designed to prepare organizations to
recognize when an event is happening,
teach steps for response, and includes
basic training on first aid and bleeding
control.
Looking beyond your asset, prop-
erty managers are encouraged to get
involved in their community. One of
the most pressing issues facing man-
agement is the potential decision to
move Energy Star out of the Environ-
mental Protection Agency’s domain.
With more than 450,000 commercial
buildings using Energy Star to bench-
mark their enery use, the article outlin-
ing how and why the program is criti-
cal on Page 12 is a can’t miss.
Whatever your 2018 goals may be, we
hope you’ll find this issue helpful. As
always, thanks for reading.
303-623-1148, Ext. 104
Contents
DENVER’S
PROPERTY MANAGEMENT
POWERHOUSE.
Leasing Advisory  Global Corporate Services  Investment Sales and Capital Markets  Consulting
 Program and Project Management  Property and Facilities Management  Valuation and Advisory Services
Dan Simpson, Director of Management Services
1800 Larimer Street, Suite 1700, Denver CO 80202 T 303.892.111
Newmark Knight Frank has built a reputation for delivering superior
operations and services for all classes of commercial properties, regionally
and worldwide. We have expansive expertise in trophy office building
management, international offices and business parks, portfolios and funds,
private client management and sustainability advisory across the globe.
Newmark Knight Frank provides property management for more than 200
million square feet in the U.S.