This office lease form describes provisions for using the area in the case of a single tenancy floor, within the exterior walls of the New Building, or, in the case of a multiple occupancy floor, within the exterior walls, party walls or corridor walls which is considered to be usable area .
Montana Provision Using Usable Area as the Measurement Standard for Midtown Manhattan Modern Office Towers
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US-OL301A
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How to fill out Provision Using Usable Area As The Measurement Standard For Midtown Manhattan Modern Office Towers?
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FAQ
Usable Square Footage or USF is the total usable floor area of a space or building. Usable Square Footage is measured from the outside or outer surface of any exterior walls and windows, including the middle of any interior walls that are adjacent to other spaces, hallways or common areas.
The Usable Area of an office is computed by measuring to the finished surface side of the office side of corridor and other permanent walls, to the center of the partitions that separate the office from adjoining Usable Areas, and to the inside finished surface of the dominant portions of the permanent outer building ...
Rentable square feet (RSF) is a measure of area used to determine the amount of rentable space in a building or other property. It is calculated by multiplying the usable square feet (USF) of the property by the load factor, which is a percentage of the USF that can be rented out.
Rentable square feet is defined as the usable square feet plus a portion of the building's common space. Common spaces are areas usable by all tenants in the building and include, but are not limited to, hallways, lobbies, public restrooms, and fitness facilities.
Usable Square Footage or USF is the total usable floor area of a space or building. It is measured from the outside or outer surface of any exterior walls and windows, including the middle of any interior walls that are adjacent to other spaces, hallways or common areas.
Calculating usable square footage should be your first step. You need to find the building's total floor area then subtract all shared square footage to get your total usable square footage.
Calculating Usable Square Footage Your usable square footage is the actual area of your space as measured within the demising exterior walls of your suite. If you have a 200-foot by 200-foot rectangular space, you would multiply the 200 feet of length by the 200 feet of width to come up with 40,000 usable square feet.
The Usable Area of an office shall be computed by measuring to the finished surface side of the office side of corridor and other permanent walls, to the center of the partitions that separate the office from adjoining Usable Areas, and to the inside finished surface of the dominant portions of the permanent outer ...
