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The BOMA Standards are a series of codes for measuring buildings to aid in the advancement of the commercial real estate industry through advocacy, influence, and knowledge.

History. Boma was founded by European merchants in the 16th century as an entrepôt, including for the slave trade. Trade was chiefly in the hands of Dutch merchants, but British, French and Portuguese firms also had factories there.

BOMA Standards also use another metric, called the R/U Ratio. This the ratio of rentable space to usable space and you calculate it by dividing the former with the later. You get a number like 1.03 or 1.17. The higher this number is, the more rentable space is lost to common and service areas.

BOMA International—Building Owners and Managers Association International.

BOMA International—Building Owners and Managers Association International.

BOMA International's dynamic volunteer leadership sets the organizational direction, ensuring the necessary resources to accomplish goals, and provide oversight on business plan performance Its mission is to advance a vibrant commercial real estate industry through advocacy, influence, and knowledge.

The Building Owners and Managers Association (BOMA) is an international trade association for commercial real estate professionals. Founded in 1907, BOMA sets many of the standards for how commercial structures are measured, particularly focusing on office, industrial, multifamily, and retail properties.

The Building Owners and Managers Association Standard Methods of Measurement (BOMA Standards) are a set of guidelines used by real estate practitioners of all walks in order to consistently measure and describe the areas of a wide range of property types.