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Glossary of Terms
Rentable Area (RSF)
Rentable Area = Net Rentable Area + Building Common Share + Multi Floor Common Share. Note: The Rentable area is always the same whether the floor is leased to a single tenant or multiple tenants.
The area of a building, floor or suite used as the basis for calculating Base Rent. Different measurement standards define this in different ways. Refer to individual standards for measurement methods and definitions.
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Does Stevenson Systems have their own Standard to measure buildings?
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“Stevenson Systems is a certain market stamp of authority to the measurement of the building that doesn’t get challenged by anyone.“
David Ramsay - Partner,
Alliance Commercial Partners
STEVENSON SYSTEMS, Inc. 27822 El Lazo Laguna Niguel, CA 92677 P 949.297.4200 F 949.297.4242