08/20/2026
September is almost here and if you manage properties or corporate real estate, you know what that means: budget planning season.
If you're starting to build your 2027 service contract budgets, a few honest thoughts from our side of the table:
- Budget for what your property actually needs, not last year's number minus 3%. Service quality has a way of showing up in tenant retention, for better or worse.
- Leave yourself room to model a single-source approach. When cleaning, security, and concierge sit in separate budget lines, the combined math never gets a fair look. Build in the flexibility to run that comparison.
- And ask your vendors for an 18-month roadmap, not just an annual quote. The ones who can lay out a credible forward path are the ones worth planning with.
Wondering how any of this would look for your portfolio? We're always glad to talk. No pitch, just a real conversation about your buildings.