"The new Gross Areas Standard is really a way forward for the industry in establishing a global foundation for property measurement. With four new Gross Area methods and alignment with the International Property Measurement Standards (IPMS) measurement, BOMA International has created a versatile tool that will give property professionals around the world the ability to accurately measure nearly any building. Plus, we've incorporated the same user-friendly format as the 2017 Office Standard, making it even more approachable and digestible" -Randal Froebelius, Equity ICI Real Estate Services, Inc. BOMA International published the first Gross Areas standard in 2009. This 2018 version of the standard further builds upon BOMA's legacy of standards by clarifying existing concepts, introducing new concepts, and improving the applicability and readability of the document. The primary objectives of this standard are: To promote an unambiguous framework for determining the gross areas of any building To facilitate transparency and clear communication of building measurement concepts among all participants in the commercial real estate industry. To allow a comparison of values on the basis of a clearly understood and generally agreed upon method of measurement. To align concepts and measurement methodologies with the International Property Measurement Standards (IPMS).