Suburban Office CAM Reconciliation Guide for Landlords
Typical CAM pools, billing errors, gross-up mechanics, and BOMA standards for suburban office properties.
Benchmark CAM per SF
$5.50 – $11.00 / SF
Source: BOMA EER / IREM 2024
Gross-Up Applicability
Relevant — suburban office parks often experience occupancy swings as anchor tenants relocate. Parking lot and landscaping costs are significant shared costs that should be evaluated for gross-up treatment.
Typical CAM Pools
- Janitorial
- Landscaping
- Parking lot maintenance
- Utilities (common area)
- HVAC maintenance
- Security
- Management fees
- Insurance
- Property taxes
- Snow/ice removal
Standard Exclusions
- Tenant improvements
- Leasing commissions
- Capital replacements
- Above-standard cleaning
Common Lease Structures
Modified gross with base yearNNNFull-service gross with expense stops
Common Billing Errors
- Allocating parking lot costs to tenants without parking rights
- Including costs for vacant building in a multi-building campus
- Improperly charging single-tenant building expenses to multi-tenant pool
Relevant BOMA Standards
- ANSI/BOMA Z65.1-2024 (Office Buildings)
- Campus allocation methods for multi-building complexes
Suburban Office CAM Context
Suburban office CAM is complicated by campus-style properties where shared costs must be allocated across multiple buildings, each with potentially different occupancy levels.
Related Resources
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