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Content DescriptionThis standard is intended exclusively for Office Buildings and their associated structures. It is applicable to all types of Office Buildings, regardless of the nature of the businesses they house; including but not limited to, various commercial, medical, institutional, and life science uses. It can be used for single tenant, multi-tenant, or multi-building configurations, and is suitable for measuring new, existing, and proposed Office Buildings. This standard does not include the measurement of public sidewalks, surface parking, landscaping, drainage structures, or other site improvements. The primary purpose of this standard is to calculate Rentable Area, a crucial metric in office leasing. Nevertheless, it also provides area figures useful for space utilization analysis, valuation, benchmarking, and allocating building expenses across different cost centers. As of March 2024, BOMA publishes six distinct building measurement standards, each of them targeting different building types and/or applications. The correct standard to apply is generally determined by a building\'s architectural features, and its occupancy type. In most cases, a building whose occupancy comprises 50% or more of a particular use (e.g. Office, Industrial, Retail, or Multi-Family and Hospitality), should use the corresponding single-use standard; however, any Building with "typical" office building features and architecture should use this Office Standard. It is preferable to apply a BOMA single-use standard whenever possible, however the BOMA Mixed-Use Standard is appropriate for buildings that do not have an easily identifiableAbout BOMAFounded in 1907, the Building Owners and Managers Association (BOMA) International is a federation of U.S. local associations and global affiliates. The leading trade association for commercial real estate professionals for more than 100 years, it represents the owners, managers, service providers and other property professionals of all commercial building types, including office, industrial, medical, corporate and mixed-use. BOMA International is the partner individuals in the commercial real estate industry choose to maximize value for their careers, organizations and assets. Its mission is to advance a vibrant commercial real estate industry through advocacy, influence and knowledge. |
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