Value Delivered
Colliers International selected BTE as their leading provider for mechanical and facilities services for its Massachusetts Institute of Technology (MIT) portfolio, consisting of 50 property locations located throughout Cambridge and Boston, Massachusetts.
BTE's expert project management and property transitions far surpassed the client’s expectations.
Client Objectives
It was a top priority for Colliers that their MIT portfolio have proper oversight and project management of capital projects provided by BTE's team of account executives. In addition, it was essential that thorough facility inspections were administered to help ensure that all mechanical equipment and facilities maintenance procedures were operating at peak performance.
Solutions
To meet Colliers’ requests, property inspection tours, off sight project and subcontractor management, and mechanical and facilities maintenance procedures were performed on MIT’s buildings totaling 2.4 million square feet, with an additional 400,000 square feet of mission critical space. BTE orchestrated the general maintenance of the electrical and mechanical systems, while administering minor repairs, plumbing services, and refurbishing existing light fixtures.
Account managers conserved Colliers costs by utilizing the existing Computerized Maintenance Management System. They provided budgeting recommendations, material purchasing, and tenant service work order assistance, as well as emergency on-call response.
Transitional services from construction to property management of 5 buildings in the portfolio were provided. BTE oversaw and managed boiler installations, plumbing separation, rooftop installations, and coil installations.
BTE’s proficiency and communication with Colliers resulted in seamless project completions and precise reports from facility inspections, contributing to reduced operating costs for the client’s MIT portfolio.
Client Background
Colliers International is a leader in global real estate, offering comprehensive services to investors, property owners, tenants, and developers around the world.
The Massachusetts Institute of Technology (MIT) is a private research university located in Cambridge, MA.