Percent Lease (Rentable Area)
The Percent Lease (Rentable Area) scenario metric calculates percent lease (rentable area) for the scenario.
| Item | Description |
|---|---|
| Name | Percent Lease (Rentable Area) |
| Metric category | Portfolio |
| Metric objective | Calculate percent lease (rentable area) for the scenario |
| Measurement | (Rentable Area Leased / Total Rentable Area) * 100 Rentable Area Leased = The sum of Supply Summary’s Usable Area field; includes only leases (not owned); only includes records that are in the current focus period. Total Rentable Area = The sum of Supply Summary’s Rentable Area field; includes leased, owned, and proposed locations; includes only records that are in the current focus period. |
| Default thresholds | Low Threshold: 75 High Threshold: 100 Range 1: Under Target/Negative/Red Range 2: On-Target/Positive/Green Range 3: Over Target/Caution/Yellow |
| Default target | 0 percent |