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2016-12-14
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2017-12-28
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2019-04-06
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2017-11-24
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2022-11-03
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2021-09-19
Great resource
This looks like a great source. My situation become more complicated than anticipated and I had the need for an attorney. Otherwise, this would have worked great.
2021-06-09
Build Columns Lease Feature
The Build Columns Lease feature offers a seamless solution to manage your column structures efficiently. With this tool, you can create, customize, and lease out your column spaces to suit your needs. This feature simplifies the process, ensuring you have more time to focus on your core activities.
Key Features
User-friendly interface for easy navigation
Customizable leasing options based on your requirements
Integrated management tools to track column usage
Real-time data insights for informed decision making
Support for multiple column types and configurations
Potential Use Cases and Benefits
Real estate companies looking to lease out commercial spaces
Event organizers needing to manage temporary column structures
Businesses requiring flexible leasing terms for seasonal operations
Architects designing adaptable spaces for various projects
Development firms managing multiple leasing contracts
This feature addresses your challenges by providing a structured approach to column leasing. You can easily manage your properties, reduce administrative overhead, and enhance your customer experience. In turn, this leads to improved efficiency and greater profitability. With Build Columns Lease, you gain clarity and control over your leasing activities.
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What is the difference between rentable and usable square feet?
First, you must understand the difference between usable and rentable square footage calculations. Usable square footage accounts for the areas you will occupy to conduct daily business. ... Rentable square feet includes the usable space plus common areas of the building (e.g. hallways, lobbies and common restrooms).
How do you calculate usable rentable square footage?
To calculate rentable square footage for a smaller (less than full-floor) tenant, first multiply the usable square footage by the floor common factor, then multiply that result by the building common factor.
How do you calculate rentable square footage?
To calculate load factor, start by finding the total usable and rentable square footage of the building in questions. Remember that the usable square footage is the area that can be rented to tenants and the rentable square footage is that area plus common areas. Then, divide RSF by USF to get the load factor.
What is included in rentable square feet?
Usable vs. Rentable Square Footage Rentable square feet includes the usable space plus common areas of the building (e.g. hallways, lobbies and common restrooms). The price per rentable square foot includes a pro rata calculation based on the size of your lease space.
What is net rentable square footage?
The simple definition is that the net rentable area is the area (or square footage) for which rent can be charged. Net rentable area is determined by measuring the overall square footage of a space, floor or building and subtracting all vertical penetrations.
What is meant by usable versus rentable space?
Corridors, meeting spaces, lobbies, stairways, restrooms and so on are used by all building tenants, and landlords charge for the use of this space as well. Rentable office space means the usable square feet of the office space plus a pro rata share of building common areas.
What is the difference between the rentable and usable area called?
Rentable Square Feet. Rentable square footage is your usable square footage PLUS a portion of the building's shared space. As mentioned above, shared space can be anything that is outside your occupied space and is of benefit to you (lobbies, restrooms, hallways, etc).
What is meant by usable vs rentable space?
Usable vs. Rentable Square Footage Office spaces, kitchen/break rooms and even a private restroom within your suite all make up the usable square footage. Rentable square feet includes the usable space plus common areas of the building (e.g. hallways, lobbies and common restrooms).
How is rentable area calculated?
If it's floor that you can stand on, you pay for it, because it is rentable space. ... To calculate rentable square footage for a smaller (less than full-floor) tenant, first multiply the usable square footage by the floor common factor, then multiply that result by the building common factor.
What is considered rentable square footage?
Rentable Square Feet. Rentable square footage is your usable square footage PLUS a portion of the building's shared space. ... The increase in the rentable square footage above your usable square footage is referred to variously as the load factor, common area factor, or add-on factor.
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