Measurement Standards in Office Leasing - BOMA - Allen Matkins University
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The rentable square foot is the measurement of office space that a tenant pays rent on. Its measurement is critical to every office lease. A tenant is usually paying rent not only on the space that they occupy, but also the common spaces that benefit the tenant such as telecommunications rooms, elevators, public washrooms and corridors. The BOMA measurement system provides a standard for determining the rentable space in an office lease.
The rentable square foot is the measurement of office space that a tenant pays rent on. Its measurement is critical to every office lease. A tenant is usually paying rent not only on the space that they occupy, but also the common spaces that benefit the tenant such as telecommunications rooms, elevators, public washrooms and corridors. The BOMA measurement system provides a standard for determining the rentable space in an office lease.
