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Space. As Captain Kirk proclaimed - “space, the final frontier!” Today, my mission is to explore a different kind of space - that which folks use to make, store and ship things. In the commercial real estate realm, regardless of genre - industrial, office, or retail - space is measured by the square foot. Simply, if the floor-plan of a building is 100 feet long by 100 feet wide, the square footage is the product - 10,000 square feet. This measurement is then used to compute rental amounts, sales prices, and percentages of operating expenses.
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