updated 5/10/2010 5:05:24 PM ET 2010-05-10T21:05:24

The Building Owners and Managers Association (BOMA) International has announced that its area measurement standard, Industrial Buildings: Standard Methods of Measurement (ANSI/BOMA Z.65.2-2009 has been accredited by the American National Standards Institute (ANSI). The standard, developed by BOMA International and the Society of Industrial and Office Realtors® provides guidance on how to measure the floor area of industrial buildings. Depending on a building's configuration, users can choose one of the two dominant market practices observed in North America, the exterior wall methodology or the drip line methodology.

"We are proud to have our industrial floor measurement standard recognized by ANSI. The standard is a critical source of clear, concise information on how to measure industrial buildings," remarked BOMA International Chair James A. Peck, RPA, FMA, senior director of asset services, CB Richard Ellis. "For nearly a century, BOMA has been the leader in building measurement. In the coming months we will be releasing a comprehensive suite of standards that reflect the needs of today's property professionals."

BOMA has also begun the process of putting its entire suite of building measurement standards through the ANSI consensus process, including the recently published Office Buildings: Standard Methods of Measurement (2010) and Gross Areas of a Building: Standard Methods of Measurement (2009). BOMA is also developing two new measurement standards set to debut in 2010, one for multi-unit residential buildings and one for retail buildings.

Learn more about BOMA's measurement standards.

About BOMA International
The Building Owners and Managers Association (BOMA) International is an international federation of more than 100 local associations and affiliated organizations. Founded in 1907, its 17,000-plus members own or manage more than nine billion square feet of commercial properties. BOMA International's mission is to enhance the human, intellectual and physical assets of the commercial real estate industry through advocacy, education, research, standards and information. On the Web at www.boma.org.

© Marketwire 2013


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