Over the past several years, BOMA West Michigan has published an annual office building occupancy survey for the West Michigan market area. The information in this report is based on a voluntary survey of office buildings in the downtown central business district, as well as office buildings in 13 suburban sub-markets. Building owners and managers who cooperate with the survey support one of the nation’s best tools for monitoring, analyzing and marketing office space in a growing metropolitan area.

View 2007 Survey
View 2006 Survey
View 2005 Survey
View 2004 Survey
View 2003 Survey
View 2002 Survey
View 2000 Survey

survey Definitions

Building Name and Building Address
This identifies the name of the building, if the building has a name or “traditional name” in the community, and accurate address of the building.

Level
Number of rentable floors in the building, including the mezzanine and subfloors that are rentable.

Total Building Area
The total area of a building is the area quoted by the building owner, manager and/or leasing agent. Ideally, the total area of a building is calculated by measuring to the inside finished surface of the dominant portion of the permanent outer building walls of each floor; excluding any major vertical penetrations of the floor. No deductions are made for columns and projections necessary to the building.

Occupancy Change
This illustrates what percentage of the total building area is occupied as of the publishing date, or date of last revision.

Asking Rates
The asking rate of a building is the rental rate quoted by the building owner, manager and/or leasing agent.

Tenant Pays
This indicates the occupancy expenses that the tenant is expected to pay for in the building. The legend for these occupancy expenses is as follows:

CAM
Common area maintenance typically includes all operating expenses of the building, excluding gas/electric utilities, taxes and janitorial expenses for tenant suites

E
Electric use such as lighting and air conditioning, either separately metered or prorated.

G
Gas use either separately or metered or prorated.

I
Insurance expense of the building.

J
Janitorial expense to clean the tenant's suite.

NR
No response and/or information was not available.

T
Taxes for the building.

TN
“Triple Net” means that the tenant pays a prorated share of all utilities, taxes, insurance and operating expenses of the building.

WS
Water/Sewer

^

Disclaimer Statement

The information contained in this report was obtained from the building owner, property manager, leasing agent or other knowledgeable person, and is presumed to be correct; but is not warranted by the Building Owners and Managers Association West Michigan.

^