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Understanding the Latest BOMA Standard Method of Measurement for Retail Properties

Updates to BOMA’s Standard Method of Measurement for Retail Properties were rolled out in March 2020 and commercial real estate (CRE) properties are still making the necessary adjustments. The BOMA 2020 Retail Standard guidelines include new features and clarifications from the previous, 2010 Retail Standard.

The primary objectives of the updates to the BOMA measurements for retail space are to:

  • Promote a clear-cut framework for determining the rentable square footage (RSF) of a retail property
  • Facilitate clear communication of retail measurement concepts
  • Provide a generally agreed-upon method of measurement
  • Align concepts and measurement methodologies with the IPMS Retail Buildings (2019) document

Download the Infographic for a clear picture of BOMA’s updated Standard Method of Measurement for Retail Properties.

Download the Infographic

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