Schorr Law’s lead commercial real estate attorney was recently quoted on a popular website – After Class – explaining the difference between usable square footage and rentable square footage in the commercial leasing context. This term is sometimes referred to as the loss factor. A simple way to remember the difference is that usable square footage is the actual space within the walls of the leased premises while rentable space includes a percentage of the common area too.
At Schorr Law we help our clients negotiate favorable terms on commercial leases and commercial lease extensions and amendments. We also have experience litigating nearly every aspect of commercial leasing disputes.
To read Mr. Schorr’s recent quotes, click on the link below.