Space Measurement and Management
Space Design Incorporated has developed an innovative approach to building measurement. The Space Management System™, the SMS Standard™ and the resulting SMS Bluebook™, now in use in hundreds of commercial office buildings across the country, are based on a unique methodology for the measurement, allocation and documentation of space in commercial buildings.
The SMS Standard™ is unique because it determines maximum rentable square footage within the bounds of the highest marketable floor factor. It ensures that the square footage on each floor and in the entire building always remains the same regardless of changing tenant configurations. The Space Management System™, conceived, developed and managed by Space Design Incorporated, works for buildings of all ages, types, sizes and shapes.
The SMS Bluebook™ is also a complete single source desktop management tool that goes beyond your present space accounting method to provide you with these significant advantages:
- Full return on investment because the SMS Bluebook™ format reveals, justifies and controls all possible rentable square footage.
- Equitable and justifiable tax and operating expense calculations because the SMS Bluebook™ determines each tenant’s pro rata share.
- Easier leasing because the SMS Bluebook™ establishes standard area calculations for all tenants.
- Credible support for financing or selling your building because the SMS Bluebook™ quantifies and documents maximum rentable area.
- Quick, inexpensive updating of Tenant documentation ensures continuous accuracy of your SMS Bluebook™ even when tenant changes alter configuration.
SMS Standard™ Measurement Methodology
Why choose the SMS Standard™? Buildings measured by other methods do not give you the accountability and documentation of the SMS Standard™. SMS™ improves upon all former measurement methods by establishing that all enclosed areas of a building should be chargeable to the tenants, within a marketable floor factor, in order to provide maximum return on investment.
The SMS Standard™ is based on and expands upon the Building Owner’s and Manager’s Association (BOMA) method by apportioning all common areas which contribute to the access, comfort, and security of the tenants. However, each building is approached individually and the measurement method is defined by prevailing market conditions.
All SMS Standard™ measurements are accurate to within one fourth of one percent (.0025) of established building area. The Space Management System™, or SMS™ is setting a new national standard for building measurement, allocation and documentation. Its success relies on accurate measurement and strict accounting procedures. The SMS Standard™ has come to be highly regarded by many national Real Estate and Investment firms.
