Turner Drake & Partners Ltd

Turner Drake & Partners Ltd, based in St. John's, NL, specializes in providing comprehensive guidance on the distinction between office and retail spaces. The company emphasizes adherence to Building Owners and Managers Association (BOMA) measurement standards, ensuring precise measurement of tenant areas within a building and allocation of common spaces based on occupancy types.

One key differentiation between the Retail and Office Standards lies in how the measure line extends for exterior enclosures. While the Retail Standard measures to the exterior walls, the Office Standard considers the dominant portion of the inside finished surface, impacting the calculated area significantly. This distinction underscores the importance of accurately identifying the applicable standard for a given building.

Additionally, under the Office Standard, building owners can allocate each tenant their share of common area, leading to a Rentable Area calculation that includes both the Tenant Area and a proportionate share of common space. In contrast, the Retail Standard does not allow for the inclusion of common areas in the Gross Leasable Area, simplifying the measurement process for retail spaces.

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