Property Management
A NJ commercial landlord who wants to measure rentable area in a multi-tenant office building would typically use the:
ANet square footage of each tenant's walls
BBOMA (Building Owners and Managers Association) standard for measuring usable and rentable area, including a proportionate share of common areas✓ Correct
CExterior dimensions of the entire building only
DOnly the carpeted area in each suite
Explanation
The BOMA standard is the industry norm for measuring commercial office space. Rentable area includes the tenant's usable space plus their proportionate share of common areas (lobbies, corridors, restrooms). The 'load factor' or 'add-on factor' is the ratio of rentable to usable area.
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