All good points. I also think it's important to understand the cost of amenities, like how much each non-tenanted space costs to build, maintain and operate as well as usage. Putting in a pool that no one uses is a money pit. Offering extra storage is cheap and easy to build, generates a decent cash flow and pays itself off fairly quickly. When space is limited, how do developers and property owners choose which amenities to offer? What's the cost benefit analysis for tenant retention/cash flow/vacancy of a dog park vs a game room? Another point to consider is offering amenities for a fee to better analyze usage and offset operating costs. Keep going, you're just scratching the surface
All good points. I also think it's important to understand the cost of amenities, like how much each non-tenanted space costs to build, maintain and operate as well as usage. Putting in a pool that no one uses is a money pit. Offering extra storage is cheap and easy to build, generates a decent cash flow and pays itself off fairly quickly. When space is limited, how do developers and property owners choose which amenities to offer? What's the cost benefit analysis for tenant retention/cash flow/vacancy of a dog park vs a game room? Another point to consider is offering amenities for a fee to better analyze usage and offset operating costs. Keep going, you're just scratching the surface