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About |
BOMA Greater Minneapolis is a trade association representing the
interests of commercial real estate in Minneapolis and its suburbs. We are one
of 100 North American and nine overseas affiliates of BOMA International.
As the
8th largest BOMA in the country, we provide a broad range of services and
opportunities unequaled by any other commercial real estate organization in the
region. We provide powerful advocacy for the industry not only on important tax
issues, but also on all legislative and regulatory issues that affect commercial
real estate.
We represent more than 60 million square feet of commercial office
space in the Minneapolis area.
Our members provide the working environments for
200,000 people in Minneapolis and its suburbs.
Our members pay $250 million in
local and state property taxes each year – money that helps pay for schools,
libraries, hospitals, roads and more – and they spend more than $360 million
each year keeping their buildings operating.
Involvement in BOMA provides great
opportunities for those involved in commercial real estate to network with
colleagues who share information, insight, and solutions on operational issues,
staffing issues, energy efficiency, and all the things that threaten to keep you
awake at night.
Types of Members
Regular members of the Association are those
who are commercial real estate owners, investors, developers, managers and
others who earn their primary livelihood from the disciplines associated with
management of real estate.
Associate members are those who provide products and
services of direct interest to the regular membership.
Professional members are
those who are educated and experienced in professions which are recognized to
have involvement in the real estate industry such as architects, appraisers,
attorneys, engineers, and leasing and marketing professionals.
Our affiliated
Superintendents Association exists to provide continuing education and
networking opportunities for the Building Superintendents, Chief Engineers, and
other operating supervisory personnel employed by members' companies.
Meetings
General Meetings are held on the third Thursday of January, February, March,
April, May, September, October and November. These meetings are generally held
downtown and provide 1 hour of continuing education credit.
Suburban Meetings –
For the convenience of our suburban members, we also hold luncheon meetings at a
suburban location on the last Wednesdays in the months of March, September, and
November. These meetings generally provide 1 hour of continuing education
credit. All members are welcome to attend both the General and the Suburban
Meetings.
Dues
A century ago, Greater Minneapolis BOMA’s founders recognized
that the benefits of their collaborative efforts would, in part, be realized
according to the sizes of their buildings. For example, BOMA’s tremendous
efforts to reduce C/I property taxes produced savings on a square footage basis.
Our founders, therefore, set up a dues structure that combines a service charge
for individual members with assessments for buildings according to their size.
At less than a penny per square foot, the costs of building dues are justified
many times over by the savings to buildings that can be directly attributable to
BOMA’s work.
BOMA dues have repeatedly withstood scrutiny as a legitimate
operating expense because tenants and their advocates recognize the value BOMA
brings them.
We have always relied on the cooperative participation of property
owners enrolling their buildings to help keep building assessments at a
reasonable level for all members.
Measure our dues against the economic and
regulatory environment in which you would be operating without BOMA and we know
you’ll see this is a great investment! |
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