RENTABLE SPACE. (SEP 2000) Rentable space is the area for which a tenant is charged rent. It is determined by the building owner and may vary by city or by building within the same city. The rentable space may include a share of building support/common areas such as elevator lobbies, building corridors, and floor service areas. Floor service areas typically include restrooms, janitor rooms, telephone closets, electrical closets, and mechanical rooms. The rentable space does not include vertical building penetrations and their enclosing walls, such as stairs, elevator shafts, and vertical ducts.
RENTABLE SPACE. The Rentable Space of the Premises and other areas shall be measured in accordance with the American Standard Method of floor Measurement for Office Buildings as revised and approved on August 14, 1972, by the Building Owners and Managers Association International.
RENTABLE SPACE. The rentable space is the space you occupy plus the proportionate share (percentage of the building you occupy) of common areas such as rest rooms, lobbies and stairways.
