Friday, October 12, 2007

Looking for an office space near Princeton University, Northeast Corridor between New York and Philadelphia? (office space realtor)

Have a look at IBIS PLAZA OFFICE SUITES, 3525 & 3535 Quakerbridge Road, Hamilton, Mercer County, New Jersey 08619

Office space realtor looking for tenants that wants an office space this coming fall. Can move in on 1st November 2007.

The office realtor spaces available are office suites 900 (26,250 sq.ft), 901 (11,250 sq.ft.) and 902 (9,500 sq.ft.)

Operating expense estimates: $4.25 / sq.ft.

Base rent: $14.50 /sq.ft.

For immediate occupancy (as of this posting), office space realtor also has these suites available. Their sizes are 742 sq.ft., 1,854 sq.ft., 2,510 sq.ft., 3,750 sq.ft. and 5,000 sq.ft.

For further information, please contact the office space realtor:
Michael Pratico Jr. or John Masso at Richardson Commercial Realtors
(609) 586-1000 x123

Tuesday, October 9, 2007

What do these terms mean? (office space realtor)

I got a message asking me the following question:

Dear office space realtor,

As I accompanying my friend who is looking for an office space for lease, I hear few words that get thrown around. Could you help me out
office space realtor and explain in simple ways what these terms mean?

1. Usable square footage
2. Rentable square footage
3. Load factor


Here's a reply I got from a friend of office space realtor:

"Well Jan. R. , usable square footage or sometime it is called usable square feet or USF is simply the floor area within your space
where you actually can lay out the floor carpet to place your furnitures."

Office space realtor continues, "Okay about rentable square footage or feet or RSF, it's the total office space that's used to calculate your rent payment. RSF is normally larger than USF because of additional building space areas like corridors, lobbies ets. proportionate to your office space of that building."

"Because of this difference between RSF and USF known as Load Factor or sometimes called "Add on Factor" or loss factor. When looking for office space for lease, this factor is important for you to know so that you can actually know the actual useful occupiable office space that you are paying. And if yougot a loss factor say 10%, that means for rent you pay fo let say 200 square feet, you actually only have a space of 180 square feet," pointed out the office space realtor.

Hope this space realtor