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What is the difference in BOMA real estate measurements and dedicated square foot measurement?
Wiki User
∙ 14y ago
I assume that 'dedicated square foot measurement' refers to the area within a rented space that is solely for the use of the tenant. The BOMA standard refers to this as the 'useable' area.
The BOMA standard provides a method to fairly allocate shared spaces in the building to tenants. Areas are grossed up to account for shared spaces on each floor and then again for spaces that are common to all tenants such as lobbies.
The usable area number is grossed up by a factor to account for the tenants proportionate share of common areas in the building. The resulting number is the BOMA 'rentable' area.
There are slight differences in the methodology depending on the specific BOMA standard that is applicable. The standards are available on BOMA's website. See 'related links' for the BOMA website as well as a link to a page that gives a visual description of the BOMA area calculation method.
Wiki User
∙ 14y ago
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