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Glossary Term Defined

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Factor, (Add-On)

STEVENSON SYSTEMS, INC. 1986

Common term used in the commercial real estate industry to communicate a building, tenant or floor factor. A factor (expressed as 1.0000) that when multiplied times the Usable square footage of and area determines the Rentable square footage. (See Load Factor) 

GENERAL / GENERIC TERM

A common term to mean the amount of area "added on" to a tenant space to create the Rentable area. Also know as a R/U ratio. Tenant Usable Area multiplied by the Tenant "Add On" Factor = Rentable Area

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Laguna Niguel, CA 92677
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