Class A Office CAM Reconciliation Guide for Landlords

Typical CAM pools, billing errors, gross-up mechanics, and BOMA standards for class a office properties.

Benchmark CAM per SF

$10.00 – $18.00 / SF

Source: BOMA EER / IREM 2024

Gross-Up Applicability

Highly relevant — Class A office buildings frequently operate below 95% occupancy. Variable expenses (janitorial, utilities, management fees) should be grossed up. Fixed expenses (taxes, insurance) passed through at actuals.

Typical CAM Pools

  • Janitorial
  • Utilities (common area)
  • HVAC maintenance
  • Elevator maintenance
  • Security
  • Landscaping
  • Management fees
  • Insurance
  • Property taxes

Standard Exclusions

  • Tenant improvements
  • Leasing commissions
  • Capital improvements (roof, HVAC replacement)
  • Above-standard cleaning
  • Executive suite amenities

Common Lease Structures

Full-service grossModified gross with base yearNNN (less common for Class A)

Common Billing Errors

  • Grossing up insurance (a fixed cost)
  • Including lobby renovation CapEx in operating expenses
  • Miscalculating the load factor after floor reconfiguration

Relevant BOMA Standards

  • ANSI/BOMA Z65.1-2024 (Office Buildings)
  • Method B for multi-tenant floors

Class A Office CAM Context

Class A office is the most common property type for CAM disputes due to high per-SF charges, sophisticated tenants, and complex gross-up mechanics.

Validate Your Class A Office Reconciliations

CapVeri applies property-type-specific rules to catch gross-up errors, cap violations, and billing mistakes — from your Yardi or MRI exports.

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