Hi,
where i can input the square feet amount in the model for development? the only option here is acres but we don’t use that metric. thank you in advance.
The square footage (or meters) of the improvements is entered on the rent roll and summarized in cell F12 of the Summary tab. Only net rentable area is used in this model – gross area is not.
– For office/retail/industrial properties, go to the ORI-RR tab, enter the number of tenants in cell D6, enter the net rentable area for each tenant in column G. The total net rentable area is shown in cell G11 of the ORI-RR tab as well as in cell F12 of the Summary tab.
– For multifamily properties, go to the MF-RR tab, enter the number of unit types in cell F6, enter the average unit size in column F and the number of units in column G. The total number of units are displayed in cells G11 and F8 on the MF-RR tab. The total net rentable area (units x average unit size) is displayed in cell F12 of the Summary tab.
