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Real Estate Glossary

Core Area

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Written by Luis Escobar

Measured in square feet, this is the calculation of the common area plus its vertical penetrations in a building. It is usually expressed as a percentage of net rentable area. The core area can be computed for an entire building or only a single floor in a building. For office buildings, it typically ranges from 5 to 20 percent.

Measured in square feet, this is the calculation of the common area plus its vertical penetrations in a building. It is usually expressed as a percentage of net rentable area. The core area can be computed for an entire building or only a single floor in a building. For office buildings, it typically ranges from 5 to 20 percent.

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Luis Escobar

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