"Industry Standard" Office
Space Measurement
Different cities, different landlords, different space measurement
methods! Accurately defining your leased square footage is important.
How can you best protect your company's interests and assume that you are
getting the amount of usable and rentable square footage that you
bargained for?
Since 1915, the BOMA Standard Method for Measuring Floor Area in Office
Buildings has been the only floor measurement method for commercial real
estate approved by the American National Standards Institute (ANSI). The
BOMA measurement standard is a must for tenants, building owners,
facilities managers, appraisers, architects, leasing professionals and
lending institutions when calculating leases, allocating building expenses
to cost centers, or comparing occupancy costs, loads and efficiencies.
Office building design has evolved considerably in the last 20 years,
encompassing a host of building-wide amenities including spacious entrance
lobbies with concierge services, health clubs, daycare centers, per diem
conference rooms, and the like. It became evident that the BOMA Standard
needed to reflect the fact that these design elements provided a benefit
to all building tenants. In 1996, the Standard was completely revised to
reflect a more complete and equitable method of floor measurement.
The ANSI/BOMA Z.65.1 (1996) is a building-wide method. That means it
fairly accounts for spaces in the building that benefit all tenants. To
calculate a tenant's Rentable Area, you have to first define such terms as
Dominant Portion, Usable Area, Floor Common Area, Floor Rentable Area and
Building Common Area. Many of these are new definitions, but in general
the Rentable Area equals the usable area plus a percentage of the common
area on the floor, hallways, bathrooms, telephone closets, building
lobbies and demising/exterior partitions.

Click on the above illustration for larger view.
The Acclaim Group is a corporate real estate services firm that
specializes in local and national tenant representation. Acclaim's
multi-disciplined team has developed a highly detailed tenant
representation methodology that insures its clients superior results for
every project. To learn more about the Acclaim Advantage, contact us
toll-free at 888-536-3137.
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