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A term originally coined by PACE Compumetrics, Space Accounting Reporting provides a comprehensive review of your building’s available data and floor plans, accurately measures your space, and stores your building data.
Managing your property’s data can be overwhelming. Measurements are often inaccurate, floor plans can be wrong, and tenant information can quickly become out of date, resulting in a lapse in compliance.
Keep track of all of your building information securely and efficiently with PACE’s Space Accounting services. Our Space Accounting Reports use a unique, fully-integrated database through which all floor plans, area calculation data, and tenant information are linked and managed in-house.
This ensures that your measurements stay in compliance and there are no changes to the square footage over the lifetime of the property, unless otherwise updated.
Space Accounting Reports begins with a review of all available building data and floor plans. This collaborative process includes discussions and recommendations for the formula to be used for measurement such as BOMA, Real Estate Board of New York, etc., as well as the nuances of each building’s specific architecture (Office, Retail, Industrial, etc.).
Next, your building is measured using the recommended method, resulting in comprehensive floor plans and area calculations to accompany your custom Space Accounting Report. As changes to the building’s architecture or tenancy occur, your report can continually be updated to ensure you stay compliant.
To get started, request a quote and a member of our team will be in touch to discuss your unique measurement needs and how we can help you solve them.
Whether you’re acquiring a new property and need meticulous measurements or need to re-evaluate your existing plans for accuracy, we put together a strategy to achieve your unique space planning objectives.
With our hands-on approach and cutting-edge tech, the PACE Compumetrics’ expert team arrives on site to deliver comprehensive measurements with accuracy and precision.
Space Accounting Reports are building measurement reports that utilize various measurement standards to outline and optimize your building’s tenant information and square footage. These reports are commonly used for leasing and acquisition or disposition due diligence.
Space Accounting Reports display the Base Building Drawings and Square Footage Calculations. Base Building Drawings consist of the building skin, core, common areas, and demising walls and typically do not show tenant interior layouts (interior as-built drawings). Square Footage Calculations outline the total building square footage, individual floor square footage, individual tenants square footage (usable/rentable), various space types including occupant area, usable area, service areas, common areas, rentable space, etc.