Definitions of gfa including which areas are to be counted towards it and which areas aren t vary around the world.
Rentable floor area.
Often a partial floor tenant will pay a floor common area share as well in order to pay for use of the floor s corridors and bathrooms etc.
The floor rentable area is the tenant s pro rata portion of the entire office floor excluding elements of the building that penetrate through the floor to areas below.
Adding to this confusion is the practice among some developers to use gross leasable area gla and gfa interchangeably or to use.
R u ratio boma 2010 r u ratio usable area service area prorated to floor usable area new.
Rentable area means the floor or tenant s usable area and its proportionate share of floor common area floor common area refers to areas common to all the tenants of a floor such as corridors elevator lobbies washrooms janitor closets telecommunications and utility areas.
These spaces include all building service spaces.
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If it s floor that you can stand on you pay for it because it is rentable space.
With the same rental rate the tenant would pay more per month on his lease for option a at 6 000 rentable square feet.
Gross floor area gfa in real estate is the total floor area inside the building envelope including the external walls and excluding the roof.
Occupant allocated area boma 2010 occupant plus allocated area total occup.
Option b has less rentable square footage and thus would cost less per month for the same amount of usable space.
The floor area of a building or portion thereof not provided with surrounding exterior walls shall be the usable area under the horizontal projection of the roof or floor above.
Floor common area is often found in and around a building core.
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Simply stated rentable square footage is the area of the enclosed interior space of the building other than holes in the floor such as stairwells and elevator and mechanical duct space.
The gross floor.
The floor rentable area is computed by dividing the floor gross area by the building gross area multiplied by the apportioned total area plus the floor net area.
The rentable area of a floor is fixed for the life of a building and is not affected by changes in corridor sizes and configuration.
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The rentable square footage is 5 750 sf 5 000 x 15 750.
Rentable area service area rentable area sum of all room area where room category s super category is set to service area existing as fl area usable.
The landlord will calculate the tenants usable square feet times the proportion of space the tenant occupies on the floor to come up with a floor rentable square feet figure.
