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Area Measurement (2)
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Category Archives: Area Measurement
Is it Fair That My Landlord can Artificially Inflate Operating Expenses?
Most office leases allow landlords to recoup from tenants on a pro rata basis the operating expenses and taxes that the landlord pays to operate the building. When a building is not fully occupied and where a landlord is collecting … Continue reading
Filed under: Area Measurement, Building Services, Lease Audit, Other Lease Terms, Pre-lease Issues, Rent, Transparency
Tagged audit, base year, full occupancy, Gross Rent, gross up, grossing up, landlord, lease check list, occupancy, office lease, office tenant, operating expenses, Tax and Operating Expenses, variable operating expense
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How Does Your Office Measure Up?
How we measure office space is changing. The most widely accepted measurement standard by the Building Owners and Management Association (BOMA) recently released a new measurement standard for office space utilizing two different methods. The biggest change is the method of … Continue reading
Filed under: Area Measurement
Tagged ANSI/BOMA, BOMA, IFMA, legacy method, market load factor, Method A, Method B, office space measurement, single load factor
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