Sample lease plan.
Click on image to enlarge (PDF Format) |
One of the major benefits of our service is the preparation of
lease plans and calculations, typically done to the latest ANSI/BOMA
Standard Z65.1, published in 1996. BOMA
(Building Owners and Managers Association) is a North-American organization,
and publishes and promotes the ANSI/BOMA
Standard, which has become the de-facto standard for the measurement
of commercial office and retail space. (NOTE: BOMA and ANSI are
currently in the process of incorporating industrial space in this
Standard as well.)
Once a building has been surveyed and a
Floorplan prepared on our CAD system, the delineation and calculation
of lease areas is much easier. The ANSI/BOMA Standard lays out a
fairly rigid set of guidelines and definitions, clearly defining
such things as COMMON AREAS, VERTICAL PENETRATIONS, USABLE and RENTABLE
areas. Probably the most confusing aspect of the Standard is "where
to draw the lease lines". There are many factors which have
to be taken into consideration when deciding whether a lease boundary
goes to the inside of a wall, the outside, the center-line, or to
the glass. As well, common areas must be distinguished between "Floor
Common" (for the benefit of tenants on that floor only), or
"Building Common" (for the benefit of all tenants in the
building).
This differentiation also affects where the lease lines are drawn,
and the resulting areas. Calculating a lease to the wrong side of
a wall can dramatically affect not only that tenant, but an entire
building when dealing with Building Common Area.
When you have a
Floorplan prepared on your building, you can rest assured that the
areas are calculated precisely according to the BOMA definitions.
As part of our service, a detailed spreadsheet is prepared and provided,
showing in detail all calculations. Final results are summarized
on the Lease Plan accompanying each detailed
Floorplan.
Having buildings measured to ANSI/BOMA Standards makes sense
in many ways:
- First, it facilitates the comparison of your building with others,
as it is the industry-wide standard on which rents are based.
- Second, the latest
ANSI/BOMA Standard (1996) represents a major change from previous
versions, and results in the ability to capture many areas previously
not considered as part of Rentable space, in particular large
building common areas such as ground-floor lobbies, mechanical
rooms, storage facilities, exercise rooms, etc. In most cases,
the increase in Rentable area upon resurvey to the latest ANSI/BOMA
Standard more than offsets the cost of the survey and plans. And
as an added benefit, when using the LASERtech® system, you
end up with a great-looking set of As-Built drawings for each
floor!
- Third, by using the ANSI/BOMA Z65.1 (1996) Standard, you will enjoy the
Standard's recognition by the courts as THE National Standard.
- And finally, having your building conform to BOMA, and certified
by
,
will protect you from possible future lawsuits with tenants.
We guarantee our results, typically to within 0.1% survey accuracy!
With increasing rents, tenants are becoming more aware
of the effects of incorrect square-footage calculations on their
occupancy costs. Often, we are contracted by a tenant to verify square footage.
Why not remove this potential problem by getting accurate
figures on your buildings today?
Click on button below to learn more of
the ANSI/BOMA Standard and its definitions.
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BOMA Definitions |
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