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The BOMA standards that apply to your portfolio depend entirely on what you own and how each asset generates value.

Space measurement is the foundation every lease negotiation, expense recovery, and asset valuation builds on. But how do you maintain that foundation when every asset class in your portfolio follows different rules?
BOMA standards exist to create the shared language that makes those figures comparable and contestable between parties. The Building Owners and Managers Association publishes and periodically updates a distinct standard for each asset class, because space is shared, monetized, and recovered differently across property types.
What does that mean for firms managing multiple asset types in 2026?
The Visitt team stays current on updates to BOMA standard methods of measurement so your measurement foundation never falls behind your portfolio.
BOMA accounts for differences in asset class space sharing and monetization with a distinct standard for each one.
The BOMA 2024 Office Standard applies to all office building types, from commercial and medical to institutional and life science. The 2024 update introduced changes that directly affect how Rentable Area is calculated:
The BOMA 2025 Industrial Standard applies exclusively to industrial and flex buildings and their associated structures. The 2025 update introduced changes that reflect how modern logistics operations use the entire site, not just the interior slab:
The BOMA 2025 Retail Standard applies exclusively to retail properties and their associated structures. The 2025 update to the BOMA standard measurement for retail introduced terminology and structural changes that directly affect how GLA is reported:
The BOMA 2021 Mixed-Use Standard is the most current BOMA standard for mixed-use properties, updated from the 2012 version. It applies exclusively to mixed-use properties and their associated structures, for integration with the applicable single-use BOMA standards:
The BOMA 2023 Multi-Family and Hospitality Standard is the most current BOMA measurement standard for these asset types, updated from the previous Multi-Unit Residential Standard to formally include hospitality properties. It accommodates a wide variety of architectural designs and space configurations:
The BOMA 2024 Gross Areas Standard applies to all building types and provides a comprehensive methodology for measuring and presenting BOMA square footage data in ways useful to any property stakeholder. The 2024 update introduced changes that expand how gross areas are measured and reported:

Visitt is a member of the Building Owners and Managers Association, collaborating on how standardized data shapes modern building operations. The centralized platform directly integrates BOMA-aligned information within CRE property management workflows spanning facility management, commercial property inspections, work order management, amenities management, and more. And the COI Agent runs certificate of insurance validation end to end, with compliance document management and incident records on the same platform as day-to-day operations.
If your team is ready to speak a unified measurement language across your portfolio, talk to our team and explore how we can work together.
BOMA standards are measurement guidelines from the Building Owners and Managers Association that define how commercial floor area is calculated and reported. They establish how usable, rentable, and common areas are classified, so leasing terms, expense recoveries, and valuations all rest on consistent, comparable data across every asset type.
BOMA standards define exactly where measurement lines are drawn and how shared elements are treated, so the same wall can be measured differently depending on the space type and what it touches. Whether square footage counts as tenant space, common area, or is excluded depends on which standard is applied to which asset type.
BOMA updates its standards periodically by asset type. Current editions include BOMA 2024 for Office, BOMA 2025 for Industrial and Retail, BOMA 2023 for Multi-Family and Hospitality, BOMA 2021 for Mixed-Use, and BOMA 2024 for Gross Areas. Using an outdated standard can create measurement discrepancies that affect lease economics and valuations.
As a BOMA member, Visitt embeds standardized area data into commercial property inspection processes, including facility management records and work order execution. Onsite teams can apply BOMA measurement information consistently across maintenance planning and operational workflows from a centralized operations dashboard.
Any document with an expiration date or renewal cycle qualifies: elevator certifications, fire safety permits, HVAC inspection reports, equipment warranties, service contracts, and regulatory permits. Each gets version history, with the ability to track expirations and alert on renewals, linked directly to properties, tenants, vendors, or specific equipment.