This office lease provision describes the standard of measurement for usable area in office buildings recommended by building owners and managers associations.
The District of Columbia (DC) has specific provisions used for measuring additional or option space within its jurisdiction. These provisions are crucial for developers, landlords, and tenants when evaluating and utilizing available square footage. Understanding these provisions is essential for accurately calculating usable space, ensuring compliance with regulations, and making informed decisions related to leasing or construction. One of the primary provisions used for measuring additional or option space in DC is the Gross Leasable Area (GLA). GLA is the total floor area that can be leased to tenants for their exclusive use. It includes all floor levels, basements, mezzanines, and other spaces accessible to the public. Determining the GLA is instrumental in assessing rentable square footage and lease terms. Another key provision used in DC is the Net Leasable Area (LA). LA represents the actual space available for a tenant's use exclusively, excluding common areas. It includes space where the tenant conducts their business operations, such as office suites, retail showrooms, or manufacturing areas. LA provides a more accurate measure of functional space for tenants and is crucial for lease negotiations. Besides GLA and LA, DC has specific provisions for measuring various types of additional or option space. Some of these provisions include: 1. Common Area Maintenance (CAM): CAM refers to shared spaces within a building or complex that serve multiple tenants, such as corridors, lobbies, restrooms, and utility rooms. Measuring CAM properly is essential for allocating maintenance costs among tenants and determining shared responsibilities. 2. Parking Area: Parking areas are a vital part of any commercial or residential property. DC provisions detail how parking spaces should be measured and allocated, considering factors like dimensions, accessibility, and parking ratios. 3. Outdoor Space: DC provisions may outline the measurements of outdoor spaces, such as patios, terraces, balconies, or rooftop decks. These spaces can often be utilized by tenants for various purposes, including outdoor seating, events, or recreational activities. 4. Storage Space: For many businesses, storage space is crucial. DC provisions may define how storage areas should be measured, including dimensions, usage restrictions, and accessibility requirements. It is important to note that DC's provisions for measuring additional or option space may be subject to change, so it's crucial for stakeholders to stay updated with the latest regulations and guidelines. Hiring qualified professionals such as architects, space planners, or commercial real estate consultants can help ensure accurate measurements and compliance with DC provisions, enabling effective decision-making and optimizing space utilization.The District of Columbia (DC) has specific provisions used for measuring additional or option space within its jurisdiction. These provisions are crucial for developers, landlords, and tenants when evaluating and utilizing available square footage. Understanding these provisions is essential for accurately calculating usable space, ensuring compliance with regulations, and making informed decisions related to leasing or construction. One of the primary provisions used for measuring additional or option space in DC is the Gross Leasable Area (GLA). GLA is the total floor area that can be leased to tenants for their exclusive use. It includes all floor levels, basements, mezzanines, and other spaces accessible to the public. Determining the GLA is instrumental in assessing rentable square footage and lease terms. Another key provision used in DC is the Net Leasable Area (LA). LA represents the actual space available for a tenant's use exclusively, excluding common areas. It includes space where the tenant conducts their business operations, such as office suites, retail showrooms, or manufacturing areas. LA provides a more accurate measure of functional space for tenants and is crucial for lease negotiations. Besides GLA and LA, DC has specific provisions for measuring various types of additional or option space. Some of these provisions include: 1. Common Area Maintenance (CAM): CAM refers to shared spaces within a building or complex that serve multiple tenants, such as corridors, lobbies, restrooms, and utility rooms. Measuring CAM properly is essential for allocating maintenance costs among tenants and determining shared responsibilities. 2. Parking Area: Parking areas are a vital part of any commercial or residential property. DC provisions detail how parking spaces should be measured and allocated, considering factors like dimensions, accessibility, and parking ratios. 3. Outdoor Space: DC provisions may outline the measurements of outdoor spaces, such as patios, terraces, balconies, or rooftop decks. These spaces can often be utilized by tenants for various purposes, including outdoor seating, events, or recreational activities. 4. Storage Space: For many businesses, storage space is crucial. DC provisions may define how storage areas should be measured, including dimensions, usage restrictions, and accessibility requirements. It is important to note that DC's provisions for measuring additional or option space may be subject to change, so it's crucial for stakeholders to stay updated with the latest regulations and guidelines. Hiring qualified professionals such as architects, space planners, or commercial real estate consultants can help ensure accurate measurements and compliance with DC provisions, enabling effective decision-making and optimizing space utilization.