Area Analysis
Know What You're Dealing With
Commercial real estate transactions are based on square footage. Too often, realtors and tenants depend on area calculations that are outdated or improperly determined in the first place. Increasingly, third-party area analysis is a standard component of due diligence when preparing a premises for lease or sale.
Expert Third-Party Analysis
Extreme Measures specializes in BOMA 1980, BOMA 1996 (for office buildings) and BOMA/SIOR 2004 (for industrial buildings). For residential, retail and civic projects, we can apply a variety of "modified" BOMA or non-standard approaches along with regional and lease-specific area definitions.
Do You Have Existing CAD Files?
Construction documents, feasibility studies and as-built floor plans - Our experts analyze your existing CAD files to ensure that usable and rentable areas are properly calculated. Architects send us files to make sure their buildings are area-efficient and in line with client expectations. We deliver area charts with corresponding colour schematics.
Supported Measuring Standards and Methodologies
- BOMA 1996 - ANSI/BOMA Z65.1-1996
- BOMA 1980 - ANSI/BOMA Z65.1-1980
- BOMA/SIOR 2004
- FAIR - Floor Area Information for Real Estate
- IFMA E1836-01
- REBNY - Real Estate Board of New York
- ANSI Z765-1996 Single-Family Residental
- PWGSC - Public Works & Government Services Canada
- Fixed & Capped Gross Up Methods
- Custom Lease Definitions