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Understanding Load Factor
Tenants lease rentable square footage, not usable square footage. Drawings, stacking plans, and lease language must trace back to the same rentable baseline.
If they don’t, the foundation number splits — which means the building is operating from two versions of the truth.
BOMA & IPMS Compliance
Measurement standards evolve.
BOMA updates affect how spaces are calculated. If your building hasn’t been remeasured since 2010 or 2017, your rentable area may not reflect current methodology — which means your total rentable square footage may not represent the building’s full revenue capacity.
Understanding Load Factor
Rentable square footage includes a proportional share of common areas, like lobbies and parking garages.
That allocation — your load factor — redistributes the same core number across tenants. If common areas are mismeasured, the baseline shifts — which means every lease reflects that distortion.
Acquisitions & Legacy Measurement
As portfolios grow, measurement history fragments.
Different assets may be based on different methodologies.
If the baseline isn’t unified, reporting loses integrity — which means strategic decisions are built on uneven data.
Defensibility
Measurement underpins lease language, renewals, and disputes. When square footage is questioned, everything traces back to one figure.
If that number cannot be substantiated, it can be challenged — which means revenue becomes negotiable.
Buildings Runs on One Number
If that number drifts, everything above it shifts. See where measurement matters most.
Reveal the Impact

Element Spotlights
TruSpace is about saving you time and creating increased revenue opportunity.
At Stevenson Systems, we want every square foot of our clients portfolios to transform from profit opportunities to profit realities. Here are some of the TruSpace features that make this possible.

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