As a CRE owner, manager, or landlord, building measurements are an important topic to understand in order to make the best and smartest decisions when it comes to growing revenue within their buildings.
Building measurement methods – also known as building re-measurement – can be a tricky subject to navigate. As an industry expert in building measurement, Real Data Management wrote the 2018 Methods of Building Measurement & National Trends whitepaper to help CRE professional gain a better understanding of the standards.
Building measurement methods – sometimes also called building re-measurement – can be used by landlords to grow their square footage and gain additional revenue within their office buildings. The market conditions, region, and landlord’s discretion determine which method is used to measure or re-measure CRE buildings.
Measuring properties to reflect current market conditions can potentially maximize rentable square footage (RSF). Calculating RSF has always been a hot topic of debate, with regional markets taking different approaches. The variation in methods can be problematic for large organizations with portfolios spanning multiple geographic locations.
All of this is discussed in the 2018 Whitepaper, including insight into the latest updates and changes to the BOMA 2017 measurement standards.
This Whitepaper was written in collaboration by a group of measurement experts on staff at RDM. Together, they have over 10 years of knowledge and real-world experience in building measurement and calculations.
Several of our customers have seen a 3-10% growth increase in their properties RSF and lease revenue by re-measuring with the latest standards. We can help you grow your portfolio’s RSF and realize hidden value.
Interested in learning more about BOMA, REBNY and methods of building re-measurement? Download your copy here.