What is a Stacking Plan?
A stacking plan is a detailed diagram or chart illustrating how space in a high-rise office building is allocated among different tenants. This visual tool lists floor numbers alongside tenant names and types of occupancy, allowing property managers and stakeholders to identify the layout of occupants within the structure quickly.
Examples
Here’s an example of what a stacking plan might look like for a fictional high-rise office building:
Example 1: ABC Tower
- Basement Level: Restaurants, Retail Shops
- Ground Floor: Lobby with elevator banks, Security Desk
- Floor 1: Commercial Bank
- Floors 2-9: Law Firms, Financial Advisors
- Floors 10-30: Tech Companies, Startups
- Floors 31-39: Corporate Headquarters for various firms
- Roof Level: Rooftop Garden and Restaurant with City View
Example 2: Maple Plaza
- Basement: Fitness Center, Parking Garages
- 1st Floor: Main Lobby, Concierge Desk, Retail Shops
- 2nd Floor: Business Center, Co-working Spaces
- 3rd to 5th Floor: Small and Mid-sized Enterprises (SMEs)
- 6th to 20th Floor: Large Enterprises, Call Centers
- Penthouse (21st Floor): Executive Offices, Private Meeting Rooms
Frequently Asked Questions
What is the purpose of a stacking plan?
A stacking plan helps property managers and building owners visualize how tenants are distributed across the various floors. It aids in tenant placement decisions, lease management, and strategic planning for future rent adjustments and renovations.
How can a stacking plan benefit property management?
- Improved Space Utilization: Ensures optimal use of vertical space.
- Simplified Lease Management: Helps track which tenants occupy which floors.
- Easier Facility Management: Simplifies planning for maintenance and renovations.
- Enhanced Marketing Efforts: A clear presentation of available spaces for potential tenants.
Are stacking plans only for high-rise buildings?
While primarily used for high-rise buildings, stacking plans can be beneficial for any multi-story complex, including mid-rise buildings, residential complexes, or mixed-use developments.
Who typically creates a stacking plan?
Stacking plans are usually created by property managers, building owners, or real estate consultants specializing in commercial real estate.
Can stacking plans change over time?
Yes, stacking plans are dynamic documents that can be updated as tenants move in or out, leases expire, or interior renovation increases office space.
Related Terms
Lease Agreement
A legally binding contract between a landlord and tenant specifying the terms under which the tenant may occupy a property.
Tenant Improvement (TI)
Modifications made to a rental space to meet the needs of the tenant. These can include alterations to walls, floors, ceilings, lighting, and mechanical systems.
Building Management System (BMS)
An automated system that controls and monitors the building’s mechanical and electrical equipment, such as ventilation, lighting, power systems, fire systems, and security systems.
Rent Roll
A report outlining all tenant-occupied units in a property, complete with rent amounts and lease terms.
Mixed-Use Development
A single real estate development that includes multiple purposes, such as residential, retail, office, and entertainment spaces.
Online Resources
- Building Owners and Managers Association (BOMA)
- National Association of Office and Industrial Properties (NAIOP)
- Urban Land Institute (ULI)
References
- “Commercial Real Estate Analysis and Investments” by David M. Geltner et al.
- “Real Estate Finance and Investments: Risks and Opportunities” by Peter Linneman
- “Property Management Kit For Dummies” by Robert S. Griswold
- “The Complete Guide to Real Estate Finance for Investment Properties” by Steve Berges
Suggested Books for Further Studies
- “Commercial Real Estate Analysis & Investments” by David M. Geltner
- “Real Estate Finance and Investments” by William Brueggeman and Jeffrey Fisher
- “Principles of Real Estate Management” by COLLIERs International
- “Investment Analysis for Real Estate Decisions” by Phillip T. Kolbe and Gaylon E. Greer