Glossary Term Defined

This is a factor that represents the total amount of Floor Common, Multi-Floor Common and Building Common Areas equally apportioned to all floors of similar office type regardless of their size or design.

Is a single average factor system establishing one factor for all floor of the building based on a multi-tenant occupancy. This Flat or Average Factor is calculated using the average of the Floating Factor of the building. The factor is calculated as follows: Flat Building Factor = Total Rentable Area of Building / Total Usable Area of Building