Office
Intended exclusively for Office Buildings and their associated structures, BOMA’s 2024 Office Standard includes many new enhancements and clarifications to address evolving building designs and tenant amenities.
-Applicable to all types of new, existing and proposed Office Buildings
-Primary purpose is to calculate Rentable Area, a crucial metric in office leasing
-Provides area figures useful for space utilization analysis, valuation, benchmarking, and allocating building expenses across different cost centers.
This standard does not include the measurement of public sidewalks, surface parking, landscaping, drainage structures, or other site improvements. Tune into the Understanding the BOMA 2024 Standard for Office Buildings webinar to better understand applications of the latest standard.
Industrial
The Industrial Standard, updated in 2019, is intended exclusively for Industrial and Flex Buildings and their associated structures and may be applied to single tenant, multi-tenant or multi-building configurations.
-features a new unified method of measurement
-generates multiple Load Factors for various shared space types, successively applied to Occupant Areas on a pro-rata basis
-Inter-Building Areas fully implemented
-Capped Load Factor applied to individual occupants
-Flexibility to separately disclose areas of interest
Download the 2019 Industrial Standards Fact Sheet for a quick reference on what’s new in the 2019 Industrial Standard.
Gross Areas
The BOMA Gross Areas Standard was developed in direct response to requests for a floor measurement standard that could be applied to all building types and forms of occupancy.
-Provides a comprehensive and consistent methodology for measuring all building types while presenting the data in various ways useful to the stakeholders of any given property
-Compatible with the International Property Measurement Standards.
-2018 standard addresses inconsistencies in 2009 version
Download the 2018 Gross Areas Fact Sheet for a quick reference on what’s new in the 2018 Gross Areas Standard.
Multi-Family and Hospitality
Published in 2023, this Multi-Family and Hospitality Standard features a Gross Area Method of measurement and a Net Area Method of measurement, with the Net Area Method providing two distinct levels of measurement data (Inside Net Method and the Centerline Net Method).
- Measurement standard accommodates a Partial Measurement or an Overall Measurement.
-Now includes hospitality properties, outdoor amenity areas, retail areas
-Also includes option of determining proportionate share allocations of certain non-living areas
Retail
The Retail Standard is intended exclusively for Retail Properties and their associated structures and may be applied to single tenant, multi-tenant or multi-building configurations. Its primary purpose is to promote an unambiguous framework for determining the areas of Retail Properties with a strong focus on Rentable Area calculations.
-Aligns concepts and measurement methodologies with International Property Measurement Standards: Retail Buildings (2019)
-Addresses ambiguities and inconsistencies in the 2010 standard
-Provides for both Partial Measurement and Overall Measurement
-Offers an optional Inter-Building Area calculation to allocate Parking Areas, Major Vertical Penetrations, and Service and Public Areas (Gross Leasable Exclusions) according to the Gross Leasable Areas of the Property’s Occupants.
-Allows flexibility to separately disclose areas of interest.
Download the 2020 Retail Properties Standard Fact Sheet for a quick reference on what’s new in the 2020 Retail Properties Standard.
Mixed-Use
The 2021 Mixed-Use Properties Standard is intended exclusively for Mixed-Use Properties and their associated structures. It is chiefly designed to generate Mixed-Use Common Area allocations on a proportionate basis according to the relative sizes of each Mixed-Use Component for integration with applicable single-use BOMA Standards.
-produces area figures which may be of interest to those examining space utilization, valuation, benchmarking and the allocation of building expenses to various cost centers.
-relies upon the BOMA 2018 Gross Areas Standard as its foundation to establish the proportionate allocation of mixed-use common areas to the mixed-use components
-Provides for a single, simplified methodology for determining Mixed-Use Common Area allocations.
-Allows flexibility to separately disclose areas of interest.
Download the 2021 Mixed-Use Properties Standard Fact Sheet for a quick reference on what’s new in the 2021 Mixed-Use Standard.
