This office lease provision describes the standard of measurement for usable area in office buildings recommended by building owners and managers associations.
Fairfax Virginia Provisions Used for Measuring Additional or Option Space: Fairfax Virginia, located in the northeastern region of the United States, has specific provisions in place for measuring additional or option space within properties. These provisions help ensure accuracy and fairness when determining the size and usage of such spaces. Here are some of the key provisions used in Fairfax Virginia for measuring additional or option space: 1. Gross Square Footage (GSF): The Gross Square Footage is a common provision used to measure additional or option space in Fairfax Virginia. It includes all areas within the property, including walls, columns, and structural elements. GSF provides an overall measurement of the space, including both usable and non-usable areas. 2. Net Square Footage (NSF): Net Square Footage is another important provision used in Fairfax Virginia for measuring additional or option space. It refers to the usable area within the property, excluding spaces such as walls, columns, and structural elements. This measurement is usually considered when determining the actual functional space available for activities. 3. Rentable Square Footage (RSF): Rentable Square Footage is a significant provision used in Fairfax Virginia when dealing with leased properties. It includes both the usable and common areas within the property, such as hallways, restrooms, and lobbies. RSF is commonly used to determine the total square footage for lease agreements and to calculate rent charges. 4. Preferred Usable Square Footage (PUSH): Preferred Usable Square Footage is a specialized provision used in Fairfax Virginia for additional or option spaces within properties. It refers to the area that is deemed most valuable or preferred for usage. PUSH may vary based on the intended purpose of the space and can play a role in lease negotiations or property valuations. 5. Common Area Factor (CAF): The Common Area Factor provision is used when measuring additional or option space in Fairfax Virginia properties, especially in multi-tenant buildings or complexes. CAF involves calculating the proportion of common areas shared by all tenants and allocating the associated square footage to each tenant's leased space. These are some primary provisions used in Fairfax Virginia when measuring additional or option space within properties. Each provision serves a specific purpose and helps establish consistent standards for accurate measurements. It is crucial to consider these provisions when determining the size and functionality of spaces in Fairfax Virginia, ensuring transparency and fairness in property transactions.Fairfax Virginia Provisions Used for Measuring Additional or Option Space: Fairfax Virginia, located in the northeastern region of the United States, has specific provisions in place for measuring additional or option space within properties. These provisions help ensure accuracy and fairness when determining the size and usage of such spaces. Here are some of the key provisions used in Fairfax Virginia for measuring additional or option space: 1. Gross Square Footage (GSF): The Gross Square Footage is a common provision used to measure additional or option space in Fairfax Virginia. It includes all areas within the property, including walls, columns, and structural elements. GSF provides an overall measurement of the space, including both usable and non-usable areas. 2. Net Square Footage (NSF): Net Square Footage is another important provision used in Fairfax Virginia for measuring additional or option space. It refers to the usable area within the property, excluding spaces such as walls, columns, and structural elements. This measurement is usually considered when determining the actual functional space available for activities. 3. Rentable Square Footage (RSF): Rentable Square Footage is a significant provision used in Fairfax Virginia when dealing with leased properties. It includes both the usable and common areas within the property, such as hallways, restrooms, and lobbies. RSF is commonly used to determine the total square footage for lease agreements and to calculate rent charges. 4. Preferred Usable Square Footage (PUSH): Preferred Usable Square Footage is a specialized provision used in Fairfax Virginia for additional or option spaces within properties. It refers to the area that is deemed most valuable or preferred for usage. PUSH may vary based on the intended purpose of the space and can play a role in lease negotiations or property valuations. 5. Common Area Factor (CAF): The Common Area Factor provision is used when measuring additional or option space in Fairfax Virginia properties, especially in multi-tenant buildings or complexes. CAF involves calculating the proportion of common areas shared by all tenants and allocating the associated square footage to each tenant's leased space. These are some primary provisions used in Fairfax Virginia when measuring additional or option space within properties. Each provision serves a specific purpose and helps establish consistent standards for accurate measurements. It is crucial to consider these provisions when determining the size and functionality of spaces in Fairfax Virginia, ensuring transparency and fairness in property transactions.
