BOMA

BOMA, or Building Owners and Managers Association, is a trade association for professionals in the commercial real estate industry. Its members include building owners, managers, developers, asset managers, service firms, and brokers who oversee office, retail, industrial, and mixed-use properties. The organization aims to advance the interests of the industry, promote professional standards, support education and professional development, and provide resources for portfolio management and operations.

BOMA International serves as the umbrella organization, with national and regional chapters such as BOMA Canada and other international partners. Through these networks, BOMA develops, publishes, and maintains industry standards, guidance, and best practices that are widely used in leasing, appraisal, and property management. A core area is the measurement of building space, where BOMA standards define methods for calculating floor areas and space use, including various area concepts used in leasing and valuation. The standards are regularly reviewed and updated to reflect changes in building design and market practices, and they are widely adopted by landlords, tenants, appraisers, and brokers.

Programs and services offered by BOMA include professional development through conferences, seminars, and courses; certification and credentialing programs; benchmarking and performance initiatives; and industry publications that cover market trends, operations, sustainability, and governance. The BOMA 360 Performance Program, for example, aggregates building operations criteria to help property teams improve performance and tenant satisfaction. The association also engages in advocacy and policy work on issues affecting property ownership and management, including energy efficiency, building codes, and urban development.

Global reach: While anchored in North America, BOMA maintains international chapters and partnerships, providing cross-border resources and standards for multinational real estate portfolios.