Location summary section
Use this section of the form to identify the gross or total areas of the location. Depending on the record, you can also identify the proportionate shares of the location.
| Item | Description |
|---|---|
| Gross Rentable | The gross area of rentable space from all of the contract premises at this location. When the record is saved, the form calculates this field from the line items in the Contract Locations section that have the Included in Rent check box selected. This field is also the default on the Generate Payment Schedules wizard form and is the key to calculating the Cost Per Area calculations. |
| Gross Usable | The gross area of usable space from all of the contract premises at this location. When the record is saved, the form calculates this field from the line items in the Contract Locations section that have the Included in Rent check box selected. |
| Total Rentable | The total area of rentable space from all of the premises at this location. When the record is saved, the form calculates this field from the line items in the Premise Locations section that have the Included in Rent check box selected. This field is also the default on the Generate Payment Schedules wizard form and is the key to calculating the Cost Per Area calculations. |
| Total Usable | The total area of usable space from all of the premises at this location. When the record is saved, the form calculates this field from the line items in the Premise Locations section that have the Included in Rent check box selected. |
| Total Area for Proportionate Share | The total area of the location in the lease contract. The unit of measure is set in the Units section. |
| Proportionate Share (contractual) | The percentage of the rental share that is represented by this location in the lease contract. |
| Proportionate Share (calculated) | The calculated percentage of the rental share that is represented by this location. When the record is saved, the form divides the area in the Gross Rentable field or Total Rentable field by the area in the Total Area for Proportionate Share field. |