What is Rentable Square Feet When Leasing Commercial Real Estate?

What is Rentable Square Feet When Leasing Commercial Real Estate?

When leasing commercial real estate rentable square feet equals the actual space that you occupy (aka usable square feet) PLUS your portion of the common areas that all the tenants in your building share (e.g. building lobby, bathrooms, hallways, and other corridors).  It’s what you actually pay rent on. To help you understand rentable square feet better take the following

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