This office lease provision describes the standard of measurement for usable area in office buildings recommended by building owners and managers associations.
Philadelphia, Pennsylvania is a vibrant city known for its rich history, iconic landmarks, and thriving culture. It is the largest city in the state of Pennsylvania and serves as a major economic and cultural hub in the United States. When it comes to measuring additional or option space in Philadelphia, there are several provisions used to ensure accurate and fair measurements. These provisions play a crucial role in various fields such as real estate, commercial leasing, architecture, and urban planning. Let's explore some prominent provisions used in Philadelphia for measuring additional or option space: 1. Zoning Codes: Philadelphia has specific zoning codes that dictate the guidelines for land use and development within different districts. These codes define parameters for various types of spaces, including additional or option space. These provisions ensure that measurements align with the designated use of the area. 2. Building Codes and Regulations: The city follows certain building codes and regulations to maintain safety standards and structural integrity. These codes include provisions that address how additional or option space should be measured within a building, taking into account factors like ceiling height, floor area, and occupancy limits. 3. Rentable vs. Usable Square Footage: In the commercial real estate sector, there is often a distinction made between rentable and usable square footage. Rentable square footage includes shared areas like hallways, lobbies, and elevators, in addition to the actual leasable space. Usable square footage refers only to the private, acceptable area. Both measurements are relevant when considering additional or option space within a commercial property. 4. Gross Leasable Area (GLA): GLA is primarily used in retail spaces and refers to the total floor area designed for tenant occupancy and use. It includes spaces such as commercial units, common areas accessible by customers, and sometimes storage or utility areas. When calculating additional or option space, GLA is a commonly used provision. 5. Measuring Standards: Philadelphia may adopt and reference industry-standard practices for measuring additional or option space, such as those developed by the Building Owners and Managers Association International (BOMB) or the American National Standards Institute (ANSI). These standards provide consistent guidelines for measuring and calculating different types of spaces, helping ensure accurate and comparable measurements. In summary, Philadelphia, Pennsylvania, employs various provisions to measure additional or option space. These include zoning codes, building codes, rentable vs. usable square footage distinctions, gross leasable area, and industry-standard measuring practices. Adhering to these provisions helps maintain fairness and accuracy in the measurement and utilization of additional or option space within the city.Philadelphia, Pennsylvania is a vibrant city known for its rich history, iconic landmarks, and thriving culture. It is the largest city in the state of Pennsylvania and serves as a major economic and cultural hub in the United States. When it comes to measuring additional or option space in Philadelphia, there are several provisions used to ensure accurate and fair measurements. These provisions play a crucial role in various fields such as real estate, commercial leasing, architecture, and urban planning. Let's explore some prominent provisions used in Philadelphia for measuring additional or option space: 1. Zoning Codes: Philadelphia has specific zoning codes that dictate the guidelines for land use and development within different districts. These codes define parameters for various types of spaces, including additional or option space. These provisions ensure that measurements align with the designated use of the area. 2. Building Codes and Regulations: The city follows certain building codes and regulations to maintain safety standards and structural integrity. These codes include provisions that address how additional or option space should be measured within a building, taking into account factors like ceiling height, floor area, and occupancy limits. 3. Rentable vs. Usable Square Footage: In the commercial real estate sector, there is often a distinction made between rentable and usable square footage. Rentable square footage includes shared areas like hallways, lobbies, and elevators, in addition to the actual leasable space. Usable square footage refers only to the private, acceptable area. Both measurements are relevant when considering additional or option space within a commercial property. 4. Gross Leasable Area (GLA): GLA is primarily used in retail spaces and refers to the total floor area designed for tenant occupancy and use. It includes spaces such as commercial units, common areas accessible by customers, and sometimes storage or utility areas. When calculating additional or option space, GLA is a commonly used provision. 5. Measuring Standards: Philadelphia may adopt and reference industry-standard practices for measuring additional or option space, such as those developed by the Building Owners and Managers Association International (BOMB) or the American National Standards Institute (ANSI). These standards provide consistent guidelines for measuring and calculating different types of spaces, helping ensure accurate and comparable measurements. In summary, Philadelphia, Pennsylvania, employs various provisions to measure additional or option space. These include zoning codes, building codes, rentable vs. usable square footage distinctions, gross leasable area, and industry-standard measuring practices. Adhering to these provisions helps maintain fairness and accuracy in the measurement and utilization of additional or option space within the city.
