Leasing Times

View of skyscrapers looking upward

April 4, 2011

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Rentable and Useable Areas

William S. Dahms

Confusion often arises with terminology used to describe areas.  Rent is usually calculated based on area.  An offer to lease may refer to “Useable Area” or “Leasable Area” and rent will likely be calculated based upon “Rentable Area” or “Gross...


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