Whether you are a facilities manager for a company that owns their own corporate campus, or a property manager of an office park with multiple leases, you have something in common: You are responsible for an incredibly valuable asset. Modern office buildings created to house large companies are worth many millions of dollars. If you’re the property manager of a rental property, it’s your responsibility to ensure the property is functional and in tip-top shape to retain existing tenants and attract new ones, maintaining a steady cash flow. If you’re a facilities manager at a company that owns their own office park, you need to ensure the property you oversee remains in top quality so your company is functioning at its very best, and as a fiduciary duty to the company’s shareholders to maintain the long term value of what is often a company’s most expensive physical asset.
When weighing the immense cost and responsibility of maintaining an office park, tools that give managers real-time information about the state of the property are incredibly useful. Security cameras give important information on who is going where outside, particularly if it involves unauthorized individuals. Loop counters give information on how many cars are in a building’s garages at any given time. Better yet, parking occupancy sensors let a building manager know exactly what parts of the property are being occupied and where. Using parking analytics like ParkSight, a facilities manager can discover if a potential liability is occurring on an out-of-the-way corner of the parking lot, like people parking after hours or overnight consistently. (Some companies in high-rent areas like the Ba Area have had employees living in their parking lot for months). They can track which sections of the parking lot are occupied most heavily and need the most maintenance. If open spaces during the day will needed (such as for construction equipment), historical parking trends can help smart property managers devise a minimally invasive construction and parking plan.
One thing city governments and property managers have in common is they need good policies to create good parking, and good policy requires good data!