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BOMA standard

Standard methods of measuring floor space to both maintain a common set of measurements throughout the industry as well as to respond to the growing number and intergration of mixed-use buildings in the industry. Created by BOMA, the measurement standards can be applied to any type of building. These measurements distinguish between usable and rentable area to calculate the exact square footage of the space to be stated within the lease.

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  • Part of Speech: noun
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  • Blossary:
  • Industry/Domain: Real estate
  • Category: Commercial
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