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BOMA International is thrilled to announce its partnership with IREM, NAA, and Lobby CRE to bring the Income/Expense IQ report to a wider audience. This partnership enables BOMA to produce a high-level, comprehensive report, full of data that will be incredibly useful to real estate professionals. Using this link, members can take the survey and receive a complimentary copy of the report upon release. Submit your building data today to strengthen the industry of the future! Click Here to Take the Survey


The Indianapolis Benchmarking Ordinance was approved by the City County Council on July 12, 2021.  Read the entire proposal here:  CITY-COUNTY GENERAL ORDINANCE NO. 25, 2021 / Proposal No. 185, 2021

Most questions can be answered by reading the above ordinance language.  This ordinance is for buildings located in Marion County, Indiana.  Here are a few key components:


 2021 2022  2023 2024 2025
 Impacted Buildings Voluntary benchmarking for all covered properties

 Covered city properties >50K SF

Voluntary for all other covered properties

 Covered city properties >25K SF

Covered non-city properties >100KSF

 Covered city properties >25K SF

Covered non-city properties >50K SF

 Covered city properties >25K SF

Covered non-city properties >50K SF

 Data Transparency N/A N/A Scores for covered city properties Scores for covered city properties

 Scores for covered city properties

Scores for all covered properties will be published in 2026

Building type exemptions

  • Single family, duplex, triplex and fourplex residential homes and related accessory structures, or any other residential building with less than four (4) units
  • Properties classified as industrial per the designated Standard Industrial Classifications (SIC) codes 20 through 39:
    • These are typically manufacturing properties engaged in the mechanical or chemical transformation of material or substances into new products.  These are usually described as plants, factories, or mills and characteristically use power driven machines and materials handling equipment.

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