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With the implementation of global property measurement standards, properties will be consistently measured; creating a more transparent marketplace, greater public trust, stronger investor confidence, and increased market stability.
BOMA first published the Standard Method of Floor Measurement for Office Buildings, an accepted and approved methodology by the American National Standards Institute. Throughout the years, the standard has been revised to reflect the changing needs of the real estate market and the evolution of office building design.
The standard, developed by BOMA International and the Society of Industrial and Office Realtors® provides guidance on how to measure the floor area of industrial buildings.