Rentable Square Feet

DailyFinance  Feb 3  Comment 
NEW YORK, NY -- (Marketwired) -- 02/03/14 -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has recently invested $22.0 million in three new transactions encompassing four rent-producing multifamily...


Rentable square feet is the total number of square feet that a company, often a real estate investment trust, has available for lease. This is the sum of usable square feet, the square footage that is to be rented exclusively by the tenant, and a portion of any common areas.

The difference between rentable square feet and usable square feet is generally between 10-15%.[1] This number is important because revenue from rent is directly related to the quantity of square footage a company has available for rent.

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