Useable and Rentable Square Feet

Useable and Rentable Square Feet

Brokers seem to quote space as both useable and rentable square footage. What is the difference between useable and rentable square feet, and how are they both calculated? The space that a tenant can actually use is called “useable”, or sometimes “carpetable,” square...
Choosing the Right Lease Term

Choosing the Right Lease Term

What do you recommend as the right lease term for an office lease? This is highly dependent on your objectives and the nature of your company. So let’s start with some of the advantages and disadvantages of short and long-term leases. One of the major advantages of...