by Alexandru Petrescu 
The latest generation office projects have several outdoor terraces, on each floor or the roof, arranged with natural plants, urban furniture, and finished with natural materials, wood and stone. All these facilities, appreciated by the current tenants of the office spaces, are part of the trend of the new generation of Millenials employees who want more than an office; they want a healthy workplace environment.
However, as the size of these outdoor spaces has continuously increased, at the last revision of the BOMA standards, in 2017, it was decided to include them in the list of shared spaces.
The balconies and outdoor terraces on the floor or roof are introduced in the rentable area, through the share of common areas.
The changes to the BOMA standards in 2017, including terraces and outdoor balconies in the area of shared spaces, also included vertical penetrations that housed vertical construction elements, such as stairs and elevators HVAC shafts, atriums, etc.
Automatically, by including them in the office buildings’ common spaces, they are calculated as share in the rentable area of offices.
The other common areas recognized by previous BOMA standards are the reception areas, lobby, toilets, kitchens, large conference rooms made available to all tenants.
Parking spaces are not included in the list of common areas.
BOMA (The Building Owners and Managers Association), was founded in 1907 and is a professional real estate association that sets real estate standards in the US and Canada. From 1915 until today, this association periodically establishes and publishes new standards for measuring office space (Method of Floor Measurement for Office Buildings). It is recognized worldwide, the last update being made in 2017, through the Standard Measurement Methods ANSI / BOMA Z65 .1-2017.
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Founding Managing Partner of ESOP Consulting | CORFAC International with 21 years of experience in real estate consulting and entrepreneurship.
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