Building Engines, Inc. Responds to Struggling Real Estate Market and Announces the 'NOCOST' Vacant Building Relief Program

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March 1, 2010
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Building Engines, Inc. Responds to Struggling Real Estate Market and Announces the 'NOCOST' Vacant Building Relief Program

BOSTON, March 1 -- Building Engines, provider of a comprehensive web-based operations management solution for owners and managers of all property types, today responded to the struggling real estate market with the launch of a new Vacant Building Relief Program. The program, No Occupancy Carry-Over System Trial ("NOCOST"), allows owners and managers of vacant buildings to use the Building Engines operations and workflow management system to control inspections, track zero occupancy preventive maintenance tasks and maintain the overall value of vacant assets at no cost.

NOCOST is an effective response to dropping occupancy rates and the first program of its kind in the industry.  It is available, free of charge, to commercial property owners and managers of office, retail, residential, mixed use, industrial or warehouse buildings in the United States and Canada for the lifetime of a building's vacancy. Users will have access to the complete Building Engines operations management solution and standard implementation guidance, as well as a library of recommended maintenance tasks tailored specifically for vacant buildings. Additionally, NOCOST members will receive the same Tier-One Building Engines service and support that all its customers experience.

"Empty buildings are an unfortunate reality these days," said David Osborn, President and CEO of Building Engines. "While empty buildings may require less oversight than occupied buildings, they still need regular maintenance to preserve value.  NOCOST is a triple win for owners and managers of empty assets, giving them expense relief while preserving asset value for the long term - all while experiencing the most effective operations management system in the business."

The total square feet of all applicable buildings must meet or exceed 250,000 square feet to be eligible.  At the time the asset becomes occupied, users will have the option to continue using the product at a reasonable cost, or to terminate at no charge.

To learn more about the Building Engines vacant building relief program, NOCOST, please call 866.301.5300.

Building Engines, Inc.

Building Engines is a web-based system providing owners and managers of all property types with a comprehensive solution for improving operations and workflow management. Founded in 2000 by an entrepreneurial team of building and facilities operations management professionals, Building Engines serves the needs of 80 enterprises, managing more than 1700 individual facilities and 200 million sq. ft. of property.  More information: http://www.buildingengines.com/ .

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This release was issued on behalf of the above organization by Send2Press(R), a unit of Neotrope(R). http://www.send2press.com/

Source: Building Engines, Inc.
   

CONTACT:  Sarah Fisher of Building Engines, Sfisher@buildingengines.com,
+1-781-290-5300

Web Site:  http://www.buildingengines.com/

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