Mixed-Use Horizontal CAM Reconciliation Guide for Landlords

Typical CAM pools, billing errors, gross-up mechanics, and BOMA standards for mixed-use horizontal properties.

Benchmark CAM per SF

$3.00 – $10.00 / SF

Source: BOMA EER / ULI 2024

Gross-Up Applicability

Moderately relevant — horizontal mixed-use typically has building-level and campus-level CAM. Gross-up applies to campus-level shared costs when individual buildings or phases are not yet occupied.

Typical CAM Pools

  • Parking (shared surface/structured)
  • Landscaping
  • Security
  • Common area lighting
  • Stormwater management
  • Wayfinding/signage
  • Insurance
  • Property taxes
  • Management fees

Standard Exclusions

  • Building-specific costs
  • Capital improvements
  • Leasing commissions
  • Residential HOA costs
  • Individual building maintenance

Common Lease Structures

Master association CAM for shared areasNNN for retail buildingsFull-service for office buildingsSeparate residential assessment

Common Billing Errors

  • Double-charging tenants for building-level and campus-level versions of the same expense
  • Allocating phase-2 infrastructure costs to phase-1 tenants
  • Incorrect pro-rata shares when campus square footage changes as new buildings deliver

Relevant BOMA Standards

  • ANSI/BOMA Z65.1-2024 (Office Buildings)
  • ANSI/BOMA Z65.5 (Retail Buildings)
  • Campus allocation methods

Mixed-Use Horizontal CAM Context

Horizontal mixed-use developments (separate buildings for office, retail, residential around shared amenities) require two tiers of CAM: building-level operating expenses and campus-level shared costs. Phased development adds complexity as the denominator for pro-rata calculations changes.

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