Why am I Paying Rent on 10,000 Square Fee When I Only Occupy 9,000 Square Feet?
Commercial leases usually have 2 definitions for square footage, but only 1 of the definitions is used in calculating a tenant’s rental obligation. If a tenant is unfamiliar with these definitions, there will be some confusion and sticker shock when the rent comes due. Usable Square...
January 21, 2016