- Bronwen Smith
- Valuation Industry
- July 26, 2023
Dear Representative,
I've just purchased the BOMA 2020 retail standard and requesting some clarification on the following:
1. Is boundary area for a neighbourhood shopping centre comprised of 4 improvements the boundary area of each of the improvements (both multi and single-tenanted) or the boundary area of the entire site with exclusions for site improvements such as surface parking, sidewalks etc.?
2. For an underground parkade ramp, how much of the ramp is included in the GLA for parkade area? Inclusive of above grade portion and up to the property line or further to the road?
3. Would the floor area under a movator (flattened escalator) be included in GLA?
4. Stairwells to exterior from above grade main level directly to grade level outside of building, such as next to an above grade loading dock - for single or multi-tenant use included as GLA?
Thank you for your time and expertise in advance. I look forward to your response.