BOMA International Introduces New ANSI-Approved Retail Measurement Standard

WASHINGTON, DC – July 21, 2010 – (RealEstateRama) — July 19, 2010) The Building Owners and Managers Association (BOMA) International has released Retail Buildings: Standard Methods of Measurement (ANSI/BOMA Z65.5-2010), a new measurement standard that provides a uniform methodology for computing, communicating and comparing the measurement of shopping centers, providing an unequivocal direct measure of the physical size of the floor area of a retail building. The standard is designed to serve the interests of building owners, managers and occupants as well as facility managers, brokers, appraisers, assessors, lenders, insurers, developers, construction and design professionals and others.


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