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BOMA 2017 supports rentable exclusions, which is a category of space that is within interior gross area but excluded from rentable area. For example, areas such as occupant storage areas in the basement, a “public colonnade”, and parking are considered to be rentable exclusions.
21 Σεπ 2023 · BOMA 2019 for Industrial Buildings establishes a single method of measurement to determine rentable square footage (RSF) for industrial buildings, flex buildings, and any associated structures. It can be applied to single-tenant or multi-tenant properties, and can be used to measure new, existing, and proposed buildings.
27 Αυγ 2022 · Rentable Area is a term used in the BOMA Standards to identify the portion of a floor or building for which a tenant will pay rent. It is loosely defined as the sum of the tenant's area and the tenants share of the common or shared spaces (amenity and service areas).
BOMA maintains a suite of floor measurement standards for a variety of property types, including: You can purchase the BOMA standards at www.techstreet.com/boma. Any questions? Contact education@boma.org.
rentable area: general Rentable area measures the Tenant's pro-rated portion of the entire office floor, plus apportioned areas, excluding certain elements of the building that penetrate through the floor.
One square foot of Gross Leasable Area under the Retail Standard does not equal one square foot of Rentable Area under the Office Standard, or one square foot of Rentable Area under the Industrial Standard. Each standard has its own methodology, which leads to differences in certified areas.
One of BOMA’s core functions is to provide a universally accepted methodology for determining rentable square footage. This standardization is crucial for property owners and tenants as it eliminates ambiguities related to space calculations and ensures equity in leasing arrangements.
