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I am working with a property owner that purchased a portfolio of Buildings in the early 2000s. Since they have a bunch of older brick and beam buildings in a campus setting and they were purchased before the 2010 update, can we still legitimately reference the 1996 version of the BOMA standards?
Any thoughts on potential conflicts going forward would be appreciated.
Thanks!
Hi Nathan,
There are no BOMA police or other governing bodies preventing you from using BOMA 1996. BOMA 1996 is still in active use today and is still ANSI approved. First and foremost, you should use the standard or methodology stated in any existing lease documents for existing leases and any other standard or methodology the property owner wants to use moving forward. BOMA 1996 is certainly a viable option but you may want to consider the BOMA 2010 Office Standard as well.
Thanks,
David