standard metropolitan statistical area


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Related to standard metropolitan statistical area: SMSA, Consolidated Metropolitan Statistical Area

standard metropolitan statistical area (SMSA)

A former U.S. Census Bureau term outdated since 2000, but still sometimes encountered as referring to a large city and its economically related environs. See metropolitan area.

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That is so because between 45 percent and 55 percent of a major Standard Metropolitan Statistical Area space inventory typically consists of competitive rental space where space use per employee averages about 195 square feet.
Over the past decade (December 1972 to 1982), net demand for competitive rental space in the Chicago Standard Metropolitan Statistical Area has averaged about 4,500,000 square feet of rentable area per year.
Table 4 presents occupied space per employee, at a 95-percent occupancy level, for the Chicago Standard Metropolitan Statistical Area, 1979-83.
Use of employment data to estimate office space demand

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