BUSI401 CHAPTER 8.2 Flashcards
The Floor R/U ratio is calculated as _ _ _
The Floor R/U ratio is calculated as the Floor Rentable Area divided by the Floor Usable Area:
Floor R/U Ratio = Floor Rentable Area /
Floor Usable Area
Floor Rentable Area = . . . .
Floor Rentable Area = Gross Measured Area — Major Vertical Penetrations
Floor Usable Area = . . . .
Floor Usable Area = Usable Area of Offices + Usable Area of Stores + Building Common Area
NOTE ONLY
Basic Rentable Area
Once the Floor R/U Ratio has been calculated, it is then applied to each of the Usable Areas as a means of allocating back (or “grossing-up”) the various Floor Common Areas. The resulting figures are called “Basic Rentable Areas”.
Basic Rentable Area = Floor R/U Ratio x Usable Area
Basic Rentable Area
Once the Floor R/U Ratio has been calculated, it is then applied to each of the Usable Areas as a means of allocating back (or “grossing-up”) the various Floor Common Areas. The resulting figures are called “Basic Rentable Areas”.
Basic Rentable Area = Floor R/U Ratio x Usable Area
NOTE ONLY
Floor R/U Ratio accounts for gross-up of leased space to factor in Floor Common Areas. However, it is only an interim step in BOMA 1996 — we still need to consider Building Common Areas or the space in the building that is used by all tenants.
NOTE ONLY
Floor R/U Ratio accounts for gross-up of leased space to factor in Floor Common Areas. However, it is only an interim step in BOMA 1996 — we still need to consider Building Common Areas or the space in the building that is used by all tenants.
EXPLAIN BUILDING R/U
The Building R/U Ratio performs the same function as floor R/U, but for Building Common Areas; these are areas that service the entire building.
The Building R/U Ratio is not calculated separately for each floor, as was the case for the Floor R/U Ratio.
The Building R/U Ratio is calculated once and applies to every floor in the building.
Total Building Rentable Area
Building R/U Ratio =
Total Building Rentable Area
______________________________
- *Total Building Rentable Area
- Basic Rentable Area of Building Common Area**
Total Building Rentable Area
Building R/U Ratio =
Total Building Rentable Area
_________________________
Total Building Rentable Area
- Basic Rentable Area of Building Common Area
Basic Rentable Area = . . . . .
Basic Rentable Area = Floor R/U Ratio x Usable Area