Question: What Is Usable Area?

What is considered usable square footage?

In a nutshell, usable square footage is the actual space you occupy from wall to wall.

Usable square footage does not include common areas of a building such as lobbies, restrooms, stairwells, storage rooms, and shared hallways..

What is the difference between gross area and living area?

Measure Externally for GBA The main difference between GLA and GBA is that below-grade living space is included in the GBA. Interior stairways, hallways, storage rooms and laundry rooms are part of the GBA. If the building has an exterior stairway, it is not included in the footage measurement.

What is the difference between net and gross square footage?

Space in “square feet” may be any one of the following: Net square feet (NSF) is typically used in a room-specific space program and refers to the usable or assignable square footage within a room or area (inside wall-to-wall dimensions). … The term component gross square feet (CGSF) is interchangeable with DGSF.

What is aboa sqft?

ANSI/BOMA Office Area (ABOA) means the area “where a tenant normally houses personnel, and/or furniture, for which a measurement is to be computed,” as stated by the American National Standards Institute/Building Owners and Managers Association (ANSI/BOMA) publication, Z65.

What is BOMA standard?

For more than a century, BOMA International has set the standard for measuring buildings. In 1915, BOMA published its first office standard, Standard Method of Floor Measurement. … Today, BOMA International is the American National Standards Institute (ANSI) secretariat for a suite of area measurement standards.

How is loss factor calculated?

Mathematically, loss factor equals “the percentage difference between rentable area and usable area.” In other words, you can calculate loss factor by dividing the difference between the Rentable Square Footage (RSF) and the Usable Square Footage (USF) by the RSF.

Is net usable area within building?

Net Usable Area means as to the Premises, or any other area of the Building intended to be occupied, the areas within the outside permanent Building walls, measured to the inside surface of such walls, and to the inside surface of any wall or partition separating the Premises or such other area from any other portion …

What is meant by usable vs rentable space?

Rentable square feet is defined as the usable square feet plus a portion of the building’s common space. Common spaces are areas usable by all tenants in the building and include, but are not limited to, hallways, lobbies, public restrooms and fitness facilities.

What is core factor?

Main definition. Core Factor. The percentage of common areas in a building (rest rooms, hallways) that, when added to the net usable square footage equals the net rentable square footage. May be computed for a building or floor of a building.

What is net rentable area?

The simple definition is that the net rentable area is the area (or square footage) for which rent can be charged. … Net rentable area is determined by measuring the overall square footage of a space, floor or building and subtracting all vertical penetrations.

How do you calculate usable area?

First, find the total floor area of a building. Then, subtract all shared square footage to get total usable square footage. (The owner or owner’s agent should be able to give you these numbers.) From there, divide the total floor space by the usable square footage, and you’ll have your load factor.

What is usable floor area?

“Usable Floor Area (UFA) – The sum of the floor areas measured at floor level from the general inside face of walls of all spaces related to the primary function of the building. … Note: in some cases the UFA may include some external covered areas which relate to the primary function of the building.