How important is it to follow the BOMA Standard?
The BOMA Standard (ANSI/BOMA Z65.1996) is the most well known standard for measuring commercial office building; however it is not the most used Standard. Many building owners and managers follow their interpretation of standard because it does not adapt to their current leasing practices or building design. Therefore it is very important to use and follow a “standard” and BOMA is one of them. One of the most common mistakes made in the real estate industry is not following a standard of measurement in the generation of square footages. Another mistake is not having the proper documentation and systems in place to repeat square footage calculations in “how the building was measured”. Other standards of measuring buildings may include the Stevenson Standard, AIA Standard, DC Standard, GWCAR Standard and IFMA Standard.
