square foot


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square foot

A non-SI (International System) unit of surface area equal to 0.0929 m² or 929 cm².
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References in periodicals archive ?
Well, maybe that's not exactly how it happened, but it is true that at one time, there was a rational explanation for why New York City landlords insist tenants pay rent per square foot for space tenants don't really occupy.
He estimates Southern's average construction costs at about $62 per square foot.
Overall, average asking rents per square foot for ground floor space was highest on Fifth Avenue in Midtown.
Average price per square foot exceeded $1,100 per square foot for the first time increasing 1.5% to $1,105 per square foot from $1,089 per square foot in the prior quarter and 19.1% above the $928 record set in the prior year quarter.
Rosenhaus of Rosenhaus Real Estate, LLC, took the entire 32nd floor; WAMU Capital Corp., a bond trading division of Washington Mutual represented by Jim Quinn and Duncan McCuaig of Cushman & Wakefield, leased the entire 14,486 square foot 18th floor in an expansion move; and Satellite Asset Management expanded by taking the entire 14,476 square foot 19th floor.
The average asking price of Class A space increased to $31.21 per square foot compared to $30.78 per square foot last quarter and $30.51 per square foot in the first quarter of 2004.
Average asking rent, responding to a drop in Class A space, decreased almost $1.00 per square foot to $26.10 per square foot.
The average asking rents continue to soften as the overall average rent finished the quarter at $40.39 per square foot, off from $41.12 psf at the end of the second quarter.
The average asking price has declined to $33.90 per square foot this quarter from $34.34 per square foot last quarter as compared to $35.54 per square foot twelve months earlier.
Much of that came from deals in the West submarket, where GE Commercial Finance's 221,000 square foot commitment at 201 Merritt 7 in Norwalk, Amaranth Group's 123,070 lease at Greenwich American Center in Greenwich and Graham Capital's purchase for occupancy of 40 Highland Avenue in Rowayton were just three of the seven transactions completed in that segment that made it into the county's top deals of the year for 2003.
* TYCO leased Blanchard's 150,000 square foot building in Florham Park.
Beth Krinsky, Vice President, sold a 30,268 square foot office building in Eatontown to 81 Corbett Way, L.L.C.