square footage accounting.

One of the tenets of successful real estate management is optimizing the value of the property to enhance income and resale value. One of the most effective ways to do this is to verify the square footage of the property, which is most often larger than the owners think.

Many buildings are actually 5-8% larger than their owners believe. Errors in the initial construction square footage calculations and changes in BOMA rules have resulted in unrecognized square footage that is being given away for free. SDI helps owners find this square footage through the use of laser measurement, our knowledge of BOMA regulations, and our highly experienced on-site verification team

SDI has discovered unrecognized square footage that is worth tens of millions of dollars, increasing rents and the resale value of properties all across the country. Most of the largest real estate owners are SDI clients, and have benefited from over 1 million square feet of unrecognized space discovered by the SDI team. In one high-rise building, SDI discovered over 200,000 square feet of unrecognized square footage, worth over $30 million.

In difficult economic times, square footage accounting can bring a huge return on investment when building owners need it most.

 

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