Get your rulers ready! BOMA International has completely revised its office building measurement standard, first published in 1915 and last revised in 1996. Coined the "BOMA Standard" by practitioners for its widespread use, the publication has been revised periodically to reflect the changing needs of the real estate market and the evolution of office building design. The 2010 version signifies a major revision, including a new name, Office Buildings: Methods of Measurement and Calculating Rentable Area. The standard provides a uniform basis for measuring rentable area in both existing and new office buildings by taking a building-wide approach to floor area measurement. It provides a methodology for measuring both occupant space as well as the space that benefits all occupants. The new standard has been reorganized to present information in a more logical and easy to find order, with a downloadable format that includes hyperlinks throughout the document text, expanded definitions and 45 full-color illustrations.

This webinar is meant to be a guide to BOMA's 2010 Office Standard. It is not meant to be a substitute for the publication. It is recommended that you purchase the publication before viewing the webinar, so that you can follow along with the illustrations and worksheets that are covered. You can purchase the publication here.

Webinar length: 1 hour, 30 minutes

Seminar Information
Seminar Date:
April 06, 2010
Seminar Objectives
  • A review of the 1996 Standard's methodology for measuring space.
  • The new features of the 2010 office standard including the Single Load Factor Method, a new class of space, "Occupant Storage," and regional leasing practices.
  • An overview of The Gross Areas of a Building: Methods of Measurement (GRAMS), which was published in May 2009 and presents two methods for measuring gross floor area - construction gross area and exterior gross area.
What's New? Understanding BOMA's Revised Floor Measurement Standard for Office Buildings
   

Kent Gibson has been active in Commercial Real Estate for over 25 years and is a licensed real estate broker.  He has been involved in measurement standard development since 1994.  In his role as vice president of Property Reserve Inc., Mr. Gibson oversees commercial real estate in several states and in most product types.  In the past he has actively leased and managed retail, office, and multi–residential properties.

Mr. Gibson has chaired the BOMA International Audit Committee and the Standard Floor Measurement Committee, and has also served on the BOMA International Finance Committee and the Government Affairs Committee. He currently serves as the Secretary/Treasurer of BOMA International.  Mr. Gibson has contributed to several BOMA floor measurement standards, including the recently published Gross Area of a Building: Methods of Measurement, the revised office standard, and the newly created retail and multi-residential standards.

 

 

Individual topic purchase: Selected
BOMI International
Continuing Professional Development Credit: 1.50
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BOMA Member Price:$39.00
Non-Member Price:$69.00