Most landlords do not maximize lease revenue because they do not have accurate square footage figures for their buildings and they often do not include pro-rated common areas which should be included.
DDA has found that there is a 1 to 5% error in most building tabulations, and that error is usually in favor of the tenant.
A 3% error in a 100,000 SF building, at $18 per SF annual rent, means $54,000 in lost rent each year. If rent is based on "Usable" instead of "Rentable" area, the loss may be as much as $270,000 per year for that same building.
DDA uses the Building Owners and Managers Association (BOMA) standard for measuring spaces and pro-rating all common areas. In fact, DDA has written proprietary software based on this standard that is not available anywhere else.
To better understand the BOMA standard and the process, DDA has made available below two documents that describe the BOMA Standard and answer some Frequently Asked Questions about it.
Download: DDA FAQ about The Boma Standard
Download: DDA sample report
Download: Sample Marketing Plan
