usable area

usable area

In commercial leasing,it is the amount of space that can be utilized by tenants within the walls defining their rented space. Contrast with rentable area, which is an artificial measurement of a tenant's usable area plus a tenant's pro rata portion of the common areas.When quoting rent per square foot,landlords usually base the rent on rentable area,not on usable area.

References in periodicals archive ?
From the following preliminary surface balance is expected: Usable area ground floor: 500 m2 of floor space;Upstairs attic: approximately 1 280 m2 of living space;Underground parking: about 27 pieces;aboveground parking spaces about 13 pieces.
When they first moved in, the couple's priority was to make more space for modern living, including knocking the property's two kitchens into one usable area.
Its other projects under development include Centrum Praskie Koneser (a mixed-use project) --located near the Dworzec Wilenski metro station, with a total usable area of 75,000 sq.
Aqua Fun has introduced the first, and largest, in-water inflatable park, which allows for multiple games that can be played in the water, with a total usable area of more than 2,000 square metres.
8 million to address facility-only critical needs, reduce current library usable area and ignore required programming needs.
In the reporting period, construction of 199 apartments has been envisaged with total usable area of 20,451 square meters.
50 year old Willi Balz, founder, chairman, only share holder and mastermind of the project group bought the rights to build wind parks on about 35% of the usable area in the German part of the North Sea.
SUPER BUILT- UP AREA Super built- up area or usable area, is the entire area of the flat, including walls and your share of common areas such as lobby and corridors.
On another matter; there has been comment about the lack of a large space suitable as a venue for grand outdoor events in the city and the hole in front of the new library will reduce the usable area of our currently preferred Centenary Square.
Yang Haikong, deputy director of the Guangxi State Farms Bureau, said that these outreach projects mainly include the China-Indonesia Economic and Trade Zone, which has a usable area of 5 square kilometers and investments of about 650 million yuan for the first stage.
The ramp originally measured 27,000 square and now covers 47,000 square metres and the usable area within the hangars now total 107,220 square metres.
Landlords make a distinction between rentable area and usable area, resulting in a "loss factor" for tenants, according to the report.