This office lease form describes provisions for using the area with respect to each office floor, mean the area within the exterior walls of the Building and, in the case of the lobby floor, the area within the demising walls of areas rented or to be rented which is considered floor area .
South Dakota Provision Using Floor Area as the Measurement Standard for Midtown Manhattan Modern Office Towers
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FAQ
The Rentable Area of floor area shall be computed by measuring to the inside finished surface of the dominant portions of the permanent outer building walls, excluding any major vertical penetrations of the floor.
It is measured from the exterior faces of exterior walls or from the centerline of walls separating buildings, but excluding covered walkways, open roofed-over areas, porches and similar spaces, pipe trenches, exterior terraces or steps, chimneys, roof overhangs, and similar features."
WHAT IS FAR? Floor area ratio (FAR) is the measurement of a building's floor area in relation to the size of the lot/parcel that the building is located on. FAR is expressed as a decimal number, and is derived by dividing the total area of the building by the total area of the parcel (building area ÷ lot area).
The gross floor area is the total area of the covered floor space measured between the centre line of party walls, including the thickness of external walls but excluding voids.
The CBPS defines gross floor area (GFA) as the total number of square feet measured between the exterior surfaces of the enclosing fixed walls of a building, including all supporting functions such as offices, lobbies, restrooms, equipment storage areas, mechanical rooms, break rooms and elevator shafts.
story building with exterior wall dimensions of 100' x 100' has a gross floor area of 10,000 square feet. If the same building had threestories, the gross floor area would be 30,000 square feet.
GFA is the total area of covered floor space, including the half thickness of external walls2 or other building facade elements (e.g. windows, railings, curtain walls), but excluding voids.
