This fall, the Building Owners and Managers Association International (BOMA) will release the latest version of its Office Standard, which provides a uniform basis for measuring rentable area in both existing and new office buildings. The 2017 version will adopt the best practices learned from the 2010 Standard and seeks to accommodate design and amenity trends, which have evolved since the previous standard was released. The updates will impact the way that building measurements are calculated and may change the rentable area of a building that was measured with either BOMA 1996 or 2010 Office.
“Misunderstood and misinterpreted building measurement data can result in serious implications when negotiating the sale, purchase, or lease of a building,” says BOMA practitioner, Mitch Luehring, “With 2017, BOMA has curated a more tightly defined Office Standard that reigns in many of the arbitrary ‘modified BOMA’ interpretations out in the marketplace.”