Standards for Measuring Commercial Space - NAI Keystone (2024)

This general overview of the standards for measuring office space allows you to get a general idea on how commercial space should be measured for rental purposes. The standards have been the generally accepted method for measuring commercial space for many years. It should be noted that this standard can and should be used in measuring commercial space in old as well as new buildings. It is applicable to any architectural design or type of construction.

Usable Area

The Usable Area is the actual area of a floor which is occupied. The amount of Usable Area on a multi-tenant floor can vary over the life of a building as corridors expand and contract and as floors are remodeled. Usable floor area is converted to Rentable Area using a conversion factor (common area factor). The Usable Area of an commercial space is computed by measuring to the finished surface side of the space side of corridor and other permanent walls, to the center of the partitions that separate the space from adjoining Usable Areas, and to the inside finished surface of the dominant portions of the permanent outer building walls. No deduction is made for columns and projections necessary to the building.

The Usable Area of a floor is equal to the sum of all Usable Areas on that floor.

Rentable Floor Area

The Rentable Floor Area is the tenant’s pro-rata portion of the entire floor, excluding elements of the building that penetrate through the floor to areas below. 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. The Rentable Area of floor area is 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.

No deduction is made for columns and projections necessary to the building. The Rentable Area of a suite on the floor is computed by multiplying the Usable Area of that suite by the quotient of the division of the Rentable Floor Area of the floor by the Usable Area of the floor resulting in the RF/U Ratio.

Building Common Area

The Building Common Area includes those areas of a building that are used to provide services to building tenants, but which are not included in the office area of any specific tenant. It also includes any associated common areas and is applied to the Rentable Floor Area to calculate the Rentable Area.

Gross Rentable Area

Rent is typically paid based upon the Gross Rentable Area which includes the Floor Rentable Area plus the pro rata share of Building Common Area.

Building Rentable Area + Pro Rata Building Common Area = Rentable Area

Load Factor

The Load Factor, or R/U Ratio, is the percentage of space on a floor that is not usable plus a pro-rata share of the Building Common Area, expressed as a percent of Usable Area. It is also known as the Common Area Factor or the Loss Factor. A Typical range is 10% to 18%.

Gross Rentable Area ÷ Usable Area = R/U Ratio

Standards for Measuring Commercial Space - NAI Keystone (2024)
Top Articles
Accidentally deleted my wallet | MetaMask Help Center 🦊♥️
Moody's puts six U.S. regional banks on downgrade review over commercial real estate exposure
Exclusive: Baby Alien Fan Bus Leaked - Get the Inside Scoop! - Nick Lachey
Hotels Near 625 Smith Avenue Nashville Tn 37203
Aadya Bazaar
St Als Elm Clinic
Hertz Car Rental Partnership | Uber
DL1678 (DAL1678) Delta Historial y rastreo de vuelos - FlightAware
Atrium Shift Select
Lesson 1 Homework 5.5 Answer Key
The Haunted Drury Hotels of San Antonio’s Riverwalk
Lesson 3 Homework Practice Measures Of Variation Answer Key
How Quickly Do I Lose My Bike Fitness?
Best Restaurants Ventnor
Lenscrafters Huebner Oaks
Https E24 Ultipro Com
Identogo Brunswick Ga
Local Collector Buying Old Motorcycles Z1 KZ900 KZ 900 KZ1000 Kawasaki - wanted - by dealer - sale - craigslist
Houses and Apartments For Rent in Maastricht
Kürtçe Doğum Günü Sözleri
Palm Coast Permits Online
Graphic Look Inside Jeffrey Dahmer
Universal Stone Llc - Slab Warehouse & Fabrication
The Many Faces of the Craigslist Killer
How to Make Ghee - How We Flourish
R/Airforcerecruits
130Nm In Ft Lbs
Mega Millions Lottery - Winning Numbers & Results
Nsu Occupational Therapy Prerequisites
Wow Quest Encroaching Heat
Agematch Com Member Login
Skip The Games Ventura
Best Weapons For Psyker Darktide
Foolproof Module 6 Test Answers
Planet Fitness Santa Clarita Photos
NHL training camps open with Swayman's status with the Bruins among the many questions
Updates on removal of DePaul encampment | Press Releases | News | Newsroom
Devon Lannigan Obituary
Stranahan Theater Dress Code
Busted Newspaper Mcpherson Kansas
Myrtle Beach Craigs List
Candise Yang Acupuncture
Ssc South Carolina
DL381 Delta Air Lines Estado de vuelo Hoy y Historial 2024 | Trip.com
F9 2385
Ciara Rose Scalia-Hirschman
Spongebob Meme Pic
Uncle Pete's Wheeling Wv Menu
Basic requirements | UC Admissions
One Facing Life Maybe Crossword
Heisenberg Breaking Bad Wiki
Latest Posts
Article information

Author: Domingo Moore

Last Updated:

Views: 6742

Rating: 4.2 / 5 (53 voted)

Reviews: 92% of readers found this page helpful

Author information

Name: Domingo Moore

Birthday: 1997-05-20

Address: 6485 Kohler Route, Antonioton, VT 77375-0299

Phone: +3213869077934

Job: Sales Analyst

Hobby: Kayaking, Roller skating, Cabaret, Rugby, Homebrewing, Creative writing, amateur radio

Introduction: My name is Domingo Moore, I am a attractive, gorgeous, funny, jolly, spotless, nice, fantastic person who loves writing and wants to share my knowledge and understanding with you.