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What does SF yr mean?

In the commercial leasing industry, $/SF/year or $/SF/yr means the rent per square foot per year. Why is this important? This is because most commercial rental rates are usually quoted in dollars per square foot on an annual basis.

How much is office space in San Francisco?

What is the average size and rental rate for a rentable office space in San Francisco, CA? Currently, the average size of rentable office availabilities in San Francisco, CA is 692,551 square feet, with a mean lease rate of approximately $87.18 per square foot.

What does full build out mean in office?

These tenants often need something known as a build-out, where the office space is expanded upon and altered to suit their needs. This may be so that it can suit their specific industry needs or because it simply needs to be larger or sectioned differently.

What is annual SF?

Meaning of $/SF Year in the Commercial Rental Industry In the commercial leasing industry, $/SF/year or $/SF/yr means the rent per square foot per year. Why is this important? This is because most commercial rental rates are usually quoted in dollars per square foot on an annual basis.

What is a build out in construction?

A build out represents the construction activities executed to a commercial building space, to make it functional for a tenant. In this respect build outs can also be considered tenant improvements or TIs. Build outs frequently involve an architect for design.

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