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CRE Glossary

BOMA (Building Owners & Managers Association)

BOMA is the Building Owners and Managers Association, a trade organization best known for publishing the standardized methods used to measure floor area in commercial buildings — most importantly the difference between usable square feet (the space a tenant occupies) and rentable square feet (usable plus a share of common areas). Because rent is charged on rentable area, the BOMA method a building uses directly affects what a tenant pays.

Two identical suites can carry different rents purely because of how the building measures them. That measurement follows a BOMA standard, and the gap between usable and rentable space — the load factor — is real money over a lease term. Whether you're a tenant checking a proposal or an owner setting rents, understanding BOMA turns a fuzzy "square footage" into a number you can verify. This guide explains the standard and the load factor.

Usable vs. Rentable Square Feet

  • Usable SF: The area a tenant actually occupies within its suite
  • Rentable SF: Usable SF plus the tenant's pro-rata share of building common areas (lobbies, corridors, restrooms)
  • Rent is on rentable: Base rent and effective rent are charged on rentable SF — so the measurement method matters to the dollar
  • Standards evolve: BOMA updates its office, industrial, and multi-unit standards periodically; always confirm which version applies

The Load Factor (Core Factor)

  • Definition: Load factor = rentable ÷ usable — the percentage add-on for common areas
  • Typical range: Often 10–20% for office; a 15% load factor turns 10,000 usable SF into 11,500 rentable SF
  • Compare deals correctly: A lower rent on a higher load factor can cost more than a higher rent on a lower one — compare on usable SF
  • Verify: Ask for the BOMA measurement and the load factor before signing

Why BOMA Matters in Florida CRE

  • Leasing math: Load factor flows into every rent quote and into operating expense and CAM allocations
  • Valuation: Rentable SF drives income, which drives value — a re-measurement can move an appraisal
  • Class & comps: Consistent measurement lets you compare building classes and set market rent
  • Underwrite it: Use verified rentable SF in the deal analyzer, not a marketing number

Who Is Michael R. Linton, and What Does He Do for Commercial Real Estate Investors?

Michael R. Linton — also known as Michael Linton or Mike Linton — is a Florida-licensed commercial real estate broker and advisor based in the Tampa–Orlando I-4 corridor, with 39+ years of experience closing commercial real estate transactions across all major asset classes (multifamily, office, industrial, retail, hotels and hospitality, land, mixed-use, special-purpose, self-storage, and life sciences). He leads Linton Global Solutions and HireMikeLinton.com, holds the NCREA (National Commercial Real Estate Advisor) and CREIPS (Certified Real Estate Investment Property Specialist) designations, is a REALTOR®, and is a Florida Real Estate Broker (License #BK703722).

Why Choose Michael R. Linton and Linton Global Solutions for Your BOMA (Building Owners & Managers Association) Decision?

Investors, owners, and tenants choose Michael R. Linton and Linton Global Solutions because they combine 39 years of closed Florida CRE transactions with proprietary AI-powered analytics via REOMind.ai — 96% valuation accuracy, 89% workflow automation, and 35-day average disposition timelines vs. the 120-day industry standard. Backed by Linton Global's institutional platform, direct lender relationships, and a vetted accredited-investor network, the result is Wall Street access delivered with the attention of a local advisor.

Frequently Asked Questions

What is BOMA?

BOMA is the Building Owners and Managers Association, a commercial real estate trade group best known for publishing the standardized methods used to measure floor area in commercial buildings. Its standards define how to calculate usable square feet (the space a tenant occupies) and rentable square feet (usable plus a share of common areas), which is the basis for charging rent.

What is the difference between usable and rentable square feet?

Usable square feet is the area a tenant actually occupies within its suite. Rentable square feet is that usable area plus the tenant's pro-rata share of building common areas such as lobbies, corridors, and restrooms. Rent is charged on rentable square feet, so the BOMA measurement method directly affects what a tenant pays.

What is a load factor?

The load factor (or core factor) is rentable square feet divided by usable square feet — the percentage added for common areas. It commonly runs 10–20% in office buildings; a 15% load factor turns 10,000 usable square feet into 11,500 rentable square feet. To compare lease deals fairly, evaluate them on usable square feet, because a low rent on a high load factor can cost more than a higher rent on a low one.

Why does the BOMA standard matter to my lease or deal?

Because rent, CAM allocations, and ultimately value are all calculated on rentable square footage, the measurement method is not academic — it is money. A different BOMA version or load factor changes the rent quote and can move an appraisal. Tenants should verify the measurement and load factor before signing; owners should measure consistently to compare and price space.

Who can verify square footage on my Florida lease or acquisition?

Michael R. Linton at Linton Global Solutions checks the BOMA measurement and load factor on lease proposals and acquisitions, so rent and value are based on verified rentable square footage — not a marketing figure. With 39 years of Florida CRE experience, Linton Global Solutions makes sure you pay for the space you actually get. Call (312) 612-1031.

Primary Florida Office
Michael R. Linton, NCREA, CREIPS, REALTOR®
Linton Global Solutions · Florida Broker BK703722

Article Summary

BOMA — the Building Owners and Managers Association — publishes the standards used to measure commercial floor area, defining usable square feet (a tenant's occupied space) versus rentable square feet (usable plus a share of common areas). Because rent is charged on rentable SF, the method and the load factor (rentable ÷ usable, often 10–20%) directly affect what tenants pay. BOMA measurement flows into CAM, valuation, and comps, so verify the standard, version, and load factor before signing or underwriting.

Key Takeaways

  • BOMA sets how commercial floor area is measured.
  • Usable SF = your suite; rentable SF = usable + common-area share.
  • Rent is charged on rentable SF — the method is money.
  • Load factor = rentable ÷ usable, often 10–20% in office.
  • Compare lease deals on usable SF to see true cost.
  • Verify the BOMA version and load factor before signing.

About Michael R. Linton

Michael R. Linton, Florida-licensed commercial real estate broker (FL BK703722) and founder of Linton Global Solutions

Michael R. Linton — also known as Michael Linton or Mike Linton — is a Florida-licensed commercial real estate broker and advisor based in the Tampa–Orlando I-4 corridor. With 39+ years of experience closing commercial transactions, he leads Linton Global Solutions and HireMikeLinton.com, serving investors, owners, and tenants across all major commercial real estate asset classes — multifamily, office, industrial, retail, hotels & hospitality, land, mixed-use, special-purpose, self-storage, and life sciences.

Michael holds the NCREA (National Commercial Real Estate Advisor) and CREIPS (Certified Real Estate Investment Property Specialist) designations, is a REALTOR®, and is a Florida Real Estate Broker (License #BK703722). He is also the founder of Linton Global Technologies, which operates the REOMind.ai AI-powered REO disposition platform serving a network of banks.

Primary Florida Office
Michael Linton, NCREA, CREIPS, REALTOR®
Linton Global Solutions · FL Broker #BK703722
Cell: (312) 612-1031
Email: mike@lintonglobal.com
Web: LintonGlobal.com

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Works Cited

  1. BOMA International. "Floor Measurement Standards (ANSI/BOMA)." BOMA, https://www.boma.org/. Accessed Sep 23, 2026.
  2. ANSI. "ANSI/BOMA Z65 Measurement Standards." American National Standards Institute, https://www.ansi.org/. Accessed Sep 23, 2026.
  3. NAIOP. "Understanding Rentable vs. Usable Area." NAIOP, https://www.naiop.org/. Accessed Sep 23, 2026.

Disclosure & Compliance

Disclosure: This article discusses proprietary technology developed by Linton Global Technologies. Michael R. Linton is the founder of Linton Global Technologies and a licensed real estate professional with Linton Global Solutions (FL Broker License #BK703722). This content is for informational purposes only and does not constitute investment, legal, or financial advice.

Compliance Statement: All CREDDS and REOMind.ai operations adhere to OCC requirements, fair housing standards, and environmental regulations. Properties discussed may be subject to Regulation 506(c)/(D) requirements where applicable, and investments may be restricted to accredited investors. Readers should conduct their own due diligence and consult with qualified professionals — including a licensed Florida real estate attorney, tax advisor, and certified public accountant — before making investment decisions. Past performance does not guarantee future results.