Colorado-Real-Estate-Journal_453177

INSIDE I n today’s dynamic business environment, strategic facili- ties planning has become essential for owners and property managers aiming to optimize the performance of their physical assets and maximize value. This process involves a holistic approach that integrates main- tenance, capital planning, stake- holder engagement and funding. By addressing these key themes, own- ers can create a robust framework that supports their operational goals and enhances overall effi- ciency. n Asset optimization. Optimizing performance through adequate maintenance is the cornerstone of strategic facilities planning. Effec- tive maintenance strategies help owners extend the lifespan of their assets, reduce downtime, keep occupants comfortable and minimize repair costs. By adopting a proactive main- tenance approach, owners can iden- tify potential issues before they become major problems and ensure that their facilities remain in optimal condi- tion. Key components of an effec- tive maintenance strategy include implementing a preventive mainte- nance program with regular inspec- tions, routine servicing, and timely repairs. Leveraging technology, such as computerized maintenance management systems and predic- tive maintenance technologies, can enhance maintenance efforts by providing real-time insights into asset conditions. Additionally, investing in training and develop- ment for maintenance staff ensures that maintenance programs are executed efficiently and consis- tently. A complete list of assets allows owners to calculate the minimum labor required to accomplish all operations and maintenance, instead of relying on a general labor-hours-per-square-foot rule of thumb. This optimizes labor planning to consider changes in demand through the building life cycle. n Capital planning. Capital plan- ning involves the systematic evalu- ation and prioritization of capital projects to ensure that investments align with an organization’s strate- gic objectives. Effective capital plan- ning requires understanding a facil- ity’s current and future needs and anticipating changes in the external environment. The primary goal is to allocate resources efficiently by identifying and prioritizing projects Solar capital energy improvement projects can be challenging Solar plans What was once an impossible challenge is now a game-changing amenity EV charging PAGE 18 Considerations for managing office, industrial and suburban properties BOMA April 2025 PAGES 22-24 PAGE 15 Devin Boyce Senior Program Manager for Technical Services, McKinstry Please see Boyce, Page 19 Strategic facilities planning: A complete approach Sustaining facilities with strategic facilities planning requires the combination of different owner priorities and management aspects into a singular vision.