Rentable Square Feet subject to expiring leases in 2009
This refers to the aggregate number of square footage a company owns that have leases that expired in 2009.
The higher this number, the more leases are subject to renewal. There is a higher degree of uncertainty, since leases may or may not be renewed, or may be renewed or sold again at a higher or lower price, depending on market conditions.
See also Rentable Square Feet