Rentable Sq Ft

Rentable Sq Ft

September 7, 2023
Don Catalano

How to Control Occupancy Costs in Your Commercial Lease

In this article, you’ll discover: The impact of rent abatement and rent escalation clauses on long-term expenses. How operating expenses can significantly influence your total occupancy cost. Importance of Tenant Improvement Allowances (TIA) and strategies for minimizing renovation-related costs. How a True Tenant Rep™ can negotiate better lease terms and reduce costs. When you’re in […]
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The Costly Complexities of Office Conversion Projects

In this article, you’ll learn: The high costs and challenges of converting office spaces to residential units. Logistical hurdles like meeting residential codes and structural changes. Economic impact of office vacancies and the push for conversion. Current limitations and future outlook for office-to-housing conversions. While nearly 20% of office spaces are currently empty across the United States […]
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Understanding Usable vs. Rentable Square Footage: What’s The Difference?

In this article, we explore: The difference between usable and rentable square footage and why it matters How to calculate usable square footage for your office space How rentable square footage includes common areas and how it’s calculated The impact of load factors on your rent and occupancy costs How Tenant Reps can help negotiate […]
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Tips To Optimize Your Commercial Real Estate (CRE) Portfolio

In this article, you’ll learn: How extra charges like common area fees and load factors affect your rent. Differences between gross, rentable, and usable square footage. Strategies to manage and reduce load factor costs. How shared common spaces can provide cost savings and added value. Rent isn’t just rent. When you lease a commercial space, […]
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Square Footage: What to Know About Usable & Rentable Square Footage

In this article, you’ll learn: The difference between usable and rentable square footage. How rentable square footage is calculated and its impact on costs. How to assess a building’s efficiency through its load factor. Tips for minimizing occupancy costs by choosing more efficient buildings. When it comes to most office buildings, the space you lease […]
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