REoptimizer® Blog

Standardized Measurements for Office Buildings

Posted by Don Catalano on Mar 20, 2015

Traditionally, every country has set its own standards for how to measure and analyze office buildings. In the United States, the rules set by the Building Owners and Managers Association -- BOMA -- govern the intricacies of measuring space. Globally, though, measurements vary so much that a space that is 6,500 square feet in one part of the world could measure 8,060 square feet elsewhere. The new International Property Measurement Standard (IPMS) for Office Buildings is an attempt to correct this problem.

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Topics: office buildings, Office Building Measurements, Commercial Tenant Tips, Commercial Office, corporate real estate, commercial real estate, CRE