Useable Square Feet vs. Rentable Square Feet
[{"id": "c5wprr6", "text": "BOMA.\n\nIt gets more interesting when you deal with retail spaces that open onto the sidewalk. You can typically get the tenant to pay for a portion of the space outside of their front door. (not part of the public corridor/sidewalk) \n", "replies": [{"id": "c5wq309", "text": "In practice, many smaller commercial landlords do not use BOMA standards.", "replies": [{"id": "c5wqhyw", "text": "I work on the construction side and not the leasing side. We tend to use the BOMA system when working with the banks financing the projects. \n\nI could understand savvy tenants negotiating outside of the BOMA system.", "replies": [], "depth": 3}], "depth": 2}, {"id": "c6h0dpt", "text": "Never really used BOMA for retail.  ", "replies": [{"id": "c6h20iw", "text": "There is a section in BOMA for retail... it's mostly a published metric for measuring leasable SQF. It is normally the starting place for negotiating rent between seller and leaser. Everyone shows up at a table saying the 10'x10' room is either 95 SF leasable or 115 SF leasable... and you talk your way to a number both sides can agree on. \n\nIt's a silly, but necessary process. ", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}]