The Building Owners and Managers Association (BOMA International) is a

trade organization A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific Industry (economics), industry. Through collabor ...

founded in 1907 for

commercial real estate Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. Commercial property includes office bu ...

professionals. Its mission is to advance the performance of commercial real estate through advocacy, promoting professional competency, standards and research.

Standards

BOMA first published the ''Standard Method of Floor Measurement for Office Buildings'' in 1915 which became the ''BOMA Method for the Measurement of Buildings''. Since then, it has become an international standard for determining the dimensions of buildings. The

American National Standards Institute The American National Standards Institute (ANSI ) is a private nonprofit organization that oversees the development of voluntary consensus standards for products, services, processes, systems, and personnel in the United States. The organiz ...

recognizes this standard as ANSI Z65. The US Government recognizes this standard in and to define "the area where a tenant normally houses personnel, and/or furniture, for which a measurement is to be computed." This standard is critical as it is used by architects to determine a commercial building's efficiency, specifically its rentable space vs. usable space vs. gross area. BOMA is a founding member of the

International Property Measurement Standards International Property Measurement Standard (IPMS) is a standardised and globally applicable method for measuring property. It aims to address current inconsistencies in the way property of all types is measured from one market to the next, i ...

Coalition.

Sustainability

In 2002, BOMA worked with

Arizona State University Arizona State University (Arizona State or ASU) is a public university, public research university in Tempe, Arizona, United States. Founded in 1885 as Territorial Normal School by the 13th Arizona Territorial Legislature, the university is o ...

and the Athena Institute to evolve the Green Globes sustainability assessment tool to be more widely adoptable by US and Canadian commercial properties as part of the Green Building Initiative. In 2008, BOMA published the ''BOMA Guide'' to promote the implementation of sustainable building practices in commercial properties. It was designed to facilitate building owners and tenants entering into environmentally sustainable leases without the rigidity of the guidelines proscribed by the U.S. Green Building Council.

Professional accreditation

BOMI offers the following professional certifications / credentials for commercial real estate professionals:

References

External links

Official website
{{Authority control International professional associations Professional associations based in the United States Organizations established in 1907 Real estate-related professional associations Real estate industry trade groups