The Building Owners and
Managers Association (BOMA) International has released a new
floor area measurement standard that outlines the procedure for
obtaining the gross floor areas of a building.
The standard, “The Gross Areas
of a Building: Methods of Measurement,” is intended for
application in buildings containing all types of occupancies,
including office, retail, industrial, single and multiunit
residential, hospitality, entertainment and institutional
buildings, both private and public.
The two methods provided in
the standard can be applied to both new and existing buildings
containing single or multiple stories that are either owner
occupied, or leased to one or multiple tenants.
BOMA International developed
these two methods to clearly define the two gross areas of a
building: the construction gross area and the exterior gross
area.
The larger measure of the two
gross areas, construction gross area, includes the area defined
as exterior gross area as well as other areas that have a
structural floor, or are covered by a roof or canopy, that are typically
unenclosed but within the building perimeter.
The exterior gross area, the second
method, is the total floor area contained
within the measure line, a new term developed
for this standard, and generally refers to
the outside surface of the exterior enclosure
of a building including structured parking.
The procedures for measuring the gross
area outlined in the new standard not only
serve the interests of property owners and
managers but may also appeal to facility
managers, brokers, appraisers, assessors,
lenders, insurers, developers, construction
and design professionals, and others who
need an unequivocal, direct measure of the
physical size of a building. They also permit
communication and computation on a concise
basis, no matter the purpose of the measurement.
The methods contained in the
standard are not intended for application to
site improvements other than buildings.
“BOMA has been setting the bar in the
commercial building standards arena for
years and we are pleased to release a significant
addition to our floor measurement standard
offerings,” said BOMA International
Chair and Chief Elected Officer Richard D. Purtell, portfolio manager, Grubb & Ellis Management Services, Inc. “It is our intent to
make The Gross Areas of a Building: Methods
of Measurement an important new tool
in the market that will serve as a clear, direct
source for commercial real estate’s floor
measurement needs.”
“The Gross Areas of a Building: Methods
of Measurement” is available for purchase
in the BOMA bookstore.
Sales Down, Profits Up for Zep
Zep Inc., a producer of cleaning and maintenance
solutions, says dedication to its
strategic initiatives helped it to a third quarter
profit of almost $9 million, even though sales
were down 15 percent.
Zep reports net income of $5.4 million, or
25 cents a share, on sales of $123 million,
compared to $0.2 million or 1 cent per share,
on $145.2 million in the same year-ago period
when charges for restructuring and other
special items on a pretax basis totaled $9.3
million.
John K. Morgan, chairman, president and
CEO of Zep, said, “The efforts of our associates
and their dedication to the company’s
strategic initiatives are clearly reflected in
our third quarter operating results. In the face
of sustained economic headwinds, Zep delivered significant operating cash flow
and strong earnings while meaningfully
reducing its net debt during the quarter.”
Weak customer demand across a number
of end-markets coupled with high raw material
costs continued to place downward pressure
on operating margins, though. However,
restructuring and cost reduction measures
have gained additional traction, and third
quarter gross profit margin exceeded that of
the second quarter by 2.7 percentage points,
said Morgan.
“I believe our ability to generate robust
cash flow and strengthen our balance sheet
during these challenging economic times is a
testament to Zep’s associates, our business
model and our ability to continue to execute
despite the recessionary environment. Economic
forecasts suggest GDP may not recover
until well into our fiscal year 2010.
Absent significant further deterioration in
current economic conditions, we expect profitability
in all four quarters of our next fiscal
year and believe we are well positioned for
an eventual economic rebound.”
The company reduced selling, distribution,
and administrative expenses as a percentage
of sales by 270 basis points during
the third fiscal quarter. In addition to the $7.0 million in annualized fixed cost reductions
announced in the first half, the company has
identified an additional $3.0 million in annualized
fixed cost reductions.
The company has assets of $247
million, and liabilities of $145 million.
Laela’s Law to Prevent
Window Falls
A toddler’s fall from an unsecured fourthfloor
window and her miraculous survival
have resulted in the first legislative act regulating
window safety to be passed in the
United States.
The law went into effect July 1, 2009, in
the state of Minnesota.
Called Laela’s Law after the fortunate tot,
who was just shy of her second birthday
when she fell, in 2006, and has since fully
recovered, this regulation is intended to safeguard
children from accidental window falls.
According to the Consumer Product
Safety Commission, nationwide some 4,000
injuries and up to a dozen fatalities are reported
each year in such incidents. Laela’s
Law calls for the installation of fall prevention
devices in most multi-family buildings
constructed after July 1.
While Minnesota becomes the first and only state thus far to pass such legislation,
the window industry has taken significant
steps on its own to improve window safety.
ASTM F2090-08 originally governed the
installation of safety devices such as window
guards to reduce the potential fall hazard for
residential windows. The standard was updated
earlier this year to include window
opening control devices, a new type of hardware
that automatically restricts windows
from opening more than four inches, yet is
easily released in an emergency, such as a
fire, to allow occupants to escape.
Incorporating these devices into window
installations also helps train parents and caregivers
to limit window openings when children
are around. To meet the new ASTM
standard, window and hardware manufacturers
are scrambling to create window opening
control devices that are sophisticated in
design yet simple to operate. Meanwhile,
municipal and code officials are clamoring
for inexpensive but effective mechanisms to
reduce or eliminate the potential for window
fall accidents in their jurisdictions.
“When it comes to safeguarding children,
windows guards can be useful, but the common
complaint is that they block the view,”
said David Warr, director of Mighton USA, a window hardware producer in Orlando, FL
that has a device that complies with Laela’s
Law and meets the updated standard. “And
when that happens, the occupants of a home
or apartment typically remove them as soon
as they move in. Window opening control
devices, like the Angel Ventlock, are a far
more practical, and more cost-effective,
means of protection.”
The device is available to manufacturers
of new windows, and builders, remodelers,
homeowners, property managers and public
housing authorities for retrofit applications.
“We developed the device specifically to
address the very serious problem of child
injuries due to window falls. That’s why we
named it the Angel Ventlock; we believe it
can help parents safeguard their children
and significantly reduce the number of such
incidents.”
Tennant Named for
Healthcare Innovation
Tennant Co., a provider of equipment and
products that help create a cleaner, safer
world, has been selected to participate in the
Premier healthcare alliance’s first Innovation
Celebration, an annual event to celebrate advances
in healthcare while highlighting healthcare industry suppliers committed to
innovation and improving patient outcomes.
Premier’s Innovation Celebration highlights
innovative solutions that bring a positive
impact to healthcare delivery. The
inaugural event showcased 26 products from
24 of Premier’s 800 contracted suppliers.
The showcased products, which included
Tennant Company’s ec-H2O technology,
were selected by a cross-functional team of
Premier alliance members and staff, including
clinical product planners, clinical field
specialists, pharmacists, supply chain professionals,
materials management experts,
and nurses.
“We are proud to have been recognized
by the Premier healthcare alliance for our
innovative ec-H2O technology, which is
helping keep patients’ and healthcare workers’
facilities clean and safe by eliminating
the need for cleaning chemicals. This
recognition further validates Tennant Company’s
commitment to creating a cleaner,
safer world,” said Jeffery Buysse, director
of Channel Development for Tennant
Company.
Tennant Company’s ec-H2O technology,
developed by Tennant researchers and
engineers and named by R&D Magazine as one of the most technologically significant
developments in 2008, helps to meet
the ever-growing need for sustainable
cleaning.
The ec-H2O technology delivers proven
cleaning results without the negative environmental
and health concerns associated
with producing, packaging, transporting,
using and disposing of traditional cleaning
chemicals. The technology starts with water
and ends with water, so it can be handled
and disposed of easily and safely.
“The Innovation Celebration is a unique
opportunity to unveil revolutionary concepts
and developments in the healthcare
industry,” said Mike Alkire, president of
Premier Purchasing Partners. “Similar to
the Premier alliance, these suppliers are
committed to innovation that leads to improved
quality and reduced costs, and
we’re happy to showcase their efforts to
our alliance members.”
Innovation Celebration participants were
featured on June 16 at the 2009 Premier Annual
Breakthroughs Conference and Exhibition
in Anaheim, Calif. Basic criteria for
selection included solutions that displayed
uniqueness, as well as solutions that have an
impact on an unmet medical need.