Monthly Archives: July 2012

Operating Expense Pass Throughs

In a fully serviced lease, office tenants pay a rental rate that is inclusive of the operating expenses in the building they occupy.  However, office tenants with a fully serviced lease can potentially incur charges for operating expense pass throughs.  … Continue reading

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Usable vs. Rentable Square Feet

Definitions: The difference between ‘usable’ and ‘rentable’ square feet is the ‘load factor’.  The load factor is a percentage of common building space that every office tenant pays for in addition to the space that is within the walls of … Continue reading

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