PACE Dictionary

% of Occupancy: The tenant percentage of Rentable Area that they occupy in the building.

Amenity Area:
A portion of a building that adds a convenience for the occupants of a floor or building and that is not used exclusively by any one occupant.

As-Builts:
As-Built drawings consist of all of a buildings partitions and include their doors and windows. As-Builts can also include a variety of other objects such as Millwork, Electrical and Plumbing fixtures, etc.

Balcony:
A horizontal extension of an adjacent Floor outside the Exterior Enclosure of a
building that is not a Roof, Roof Terrace, Plaza or Deck.

Basement:
A Floor of a Building that has an elevation below that of the average adjacent grade plane by a distance of more than two thirds of the vertical dimension between the elevation of that floor level and the elevation of the floor immediately above it.

Building Common Factor:
The add on multiplier used in apportioning the Building Service & Amenity Areas to each floor (Included in Floor Factor).

Building Perimeter:
A horizontal line forming a perimeter that encompasses all the constructed elements of a given Floor of a Building and other areas covered by a Roof.

Capped Load Factor:
The lesser of the market load factor and the load factor A (if using Method A) or the load factor B (if using Method B) on each floor level of a building.

Capped Rentable Area: The product of the capped load factor and the occupant area on each floor level of a building.

Centerline: A line connecting points that are equidistant between both base-building finished
surfaces of a wall, not taking into account special finishes for adjacent occupants or furring or chases to accommodate pipes, wiring or equipment that serve adjacent occupants.

Connector: A covered or enclosed bridge, walk-way, tunnel or other similar connecting element between two separate Buildings.

Construction Gross Area:
  It includes the area defined as Exterior Gross Area as well as other areas that have a structural floor, or are covered by a roof or canopy, that are typically unenclosed but within the Building Perimeter. It may be an appropriate measure of area upon which to base an estimated construction cost or for valuation using the replacement value approach of appraisal. Accurate construction cost estimating and replacement cost valuation should consider fully enclosed and finished space differently than unenclosed space, applying unit costs appropriate to various types of space.

Deck: An unenclosed floor surface contiguous to a Building that is suitable for use by an occupant and supported above the ground on at least two opposing sides by an adjacent structure, and/or posts, piers or other independent supports.

Demising Wall: Any interior wall dividing one occupant space from another.

Dominant Portion:
That portion of the inside finished surface of a vertical exterior enclosure (or a vertical enclosure at a void) that constitutes 50% or more of the vertical dimension between the finished surface of the floor and the finished surface of the ceiling.

Door set-back:
A recess in a wall, containing a door that provides access to or egress from an occupant area, amenity area, or service area, for the purpose of allowing the door to swing in the direction of egress without obstructing circulation in the adjacent area.

Drip Line:
A line on the ground, a Plaza, Roof Terrace or Balcony in the same vertical plane as the outside edge of a Roof or Overhang that occurs at the level of the Floor or Roof of a floor level immediately above.

Enclosure Limit:
A limit up to which an occupant has the right to build an Exterior Enclosure, as established by a contract, an agreement or a statutory constraint, or by a physical building element such as a change in floor elevation, a fascia, or a column face.

Exterior Enclosure: The wall, roof or soffit that constitutes the envelope necessary to Enclose a building.

Exterior Gross Area: The total floor area contained within the Measure Line (generally, the outside surface of the Exterior Enclosure of a building) including structured Parking. Typically, unenclosed areas are excluded except for External Circulation and the top level of a parking structure. It may be an appropriate measure of area for use in planning and design of buildings with respect to zoning floor area ratios (FAR), for real estate tax assessment purposes for some occupancies, for valuation using income or comparable value approaches, or for determining a lease rate when a building is leased to a single tenant.

External Circulation:
Unenclosed pedestrian circulation providing the minimum path for access to tenant suites, egress stairs, elevators, refuge areas, toilets, and building entrances, and required by local building code to meet egress requirements, only when there are no fully enclosed pedestrian corridors serving a Floor or portion (such as a wing) thereof.

Finished Surface:
The face of a wall, window, ceiling or floor that is provided as part of the base building for the general use of occupants, excluding the thickness of any special surfacing materials applied to meet the particular needs of specific occupants.

Floor Factor:
The conversion factor that when applied to the Occupant Area determines the Gross Rentable.

Gross Rentable:
Used on the Tenant Information Page to specify The Total Rentable per tenant.

IGA Boundary:
A line that makes up the perimeter of the Interior Gross Area of a floor level.

Industrial:
Industrial real estate includes all land and buildings either utilized or suited for industrial activities.

Interior Gross Area (IGA):
The area, measured in a horizontal plane, of a floor level of a building that is circumscribed by the IGA boundary, without deductions for columns or projections necessary to the building.

Interstitial Space: The area of load-bearing surfaces located above or below occupied floor levels that is not available for general occupancy often due to inadequate clear headroom or lack of provisions for egress, and containing building structure or services predominantly serving adjacent floor levels or to provide access to such systems.

Load Factor A:
(Method A only) The floor factor which includes the building common factor. *BOMA 2010

Load Factor B:
(Method B only) The unique load factor for the entire building that can be used on each floor.
*BOMA 2010

Major Vertical Penetration: A floor opening in excess of 1 square foot that serves vertical building systems or vertical occupant circulation functions.

Market Load Factor:
A load factor, comparable to load factor A or load factor B, established at the sole discretion of the ownership of a building.

Measure Line: A horizontal line on the outermost structural or architectural surface of the exterior face of the Exterior Enclosure, or at the exterior edge of any External Circulation, of a given Floor of a Building. In determining the Measure Line, do not consider Overhangs, pilasters, columns, awnings, eaves, cornices, sills, ledges, casing, wainscoting, gutters, downspouts, chimneys, signs, shutters, attached electrical or mechanical systems, decorative
projections and the like that protrude beyond such surface or edge.

Method A:
Method A will provide a unique load factor for each floor.

Method B: Method B will provide a unique load factor for the entire building that can be used on each floor.
*BOMA 2010

Mezzanine:
An intermediate horizontal Load Bearing structure that is between a Floor and the Floor or Roof immediately above, which contains a fraction (usually 1/3) of the area of the Floor below, where there exists adequate Headroom above and below the Mezzanine, and which shares service areas (toilets, fan rooms, etc.) with the Floor immediately below it.

Millwork:
Permanent woodwork such as cabinets and built in shelving.

Multi-occupant Corridor:
A corridor on a multi-occupant floor that provides required egress for all occupants on the floor as well as access to elevators, fire stairs, refuge areas, restrooms and public areas on the floor, such as building lobbies on an entry level of a building.

Net Gain /Loss:
The difference between the Pace Compumetrics, Inc. Calculated Gross Rentable Area and The Current Lease Area.

Non Rentable:
The areas that do not classify as part of the Total Rentable Area or Vertical Penetrations. ex: Void Space 

Occupant Area:
A portion of a building where an occupant normally houses personnel, equipment, fixtures, furniture, supplies, goods or merchandise.

Occupant Storage:
  Space that is usable by occupants only for storage because of its location and/or because of the levels of finish, lighting, power and HVAC are unsuitable for use as office space, and is accounted for separately from the other rentable areas of the building.

Occupant Void:
A floor opening between two or more adjacent floors created by removal of floor area by or for the occupant that would otherwise be included in the occupant area of the floor level.

Occupiable:
Suitable for occupancy by people by virtue of a Load Bearing floor, building systems, required egress and, if applicable, a Certificate of Occupancy by local authorities having jurisdiction.

Overhang:
An upper Floor or Roof of a Building that extends, protrudes, or is cantilevered above an unenclosed area below.

Parking:
Enclosed, structured floor area located within the building and used for transient storage of motor vehicles, including associated circulation and services (such as exhaust fans and ducts that serve the parking area) but not including loading docks, sally ports, occupant storage and building service areas such as enclosed auxiliary lobbies used to enter a building from parking areas.

Plaza: An unenclosed horizontal Load Bearing floor surface intended for use and located at or near ground level, which constitutes the Roof of space below it that is included in Gross Construction Area.

Property Line:
The legal boundary of a parcel of land.

R/O Ratio: (Method A only) a ratio, the numerator of which is the building total preliminary floor area of a building and the denominator of which is building total occupant + allocated area, that

R/U Ratio:
(Method A only) a ratio, the numerator of which is the preliminary floor area of a floor, and the denominator of which is the usable area of that floor, that distributes floor service areas to the occupants on a floor on a proportional basis.

Restricted Headroom Area:
A portion of an occupant area that does not meet the requirement of the International Building Code section 1208.2 Minimum Ceiling Heights, including subsections thereof.

Roof Terrace: An unenclosed horizontal Roof (other than a Plaza), or portion thereof, with a Load Bearing surface intended for use by occupants along with other appropriate and required features such as railings.

Service Area:
A portion of a building that provides services that enables occupants to work in the building.

Tenant Partitions:
Partitions inside of an occupant space.

Total Rentable Area:
Used to specify the Total Rentable Area per floor EXCLUDING Vertical Penetrations, Non Rentable Area, and Occupant Storage Area.

Usable Area:
(Method A only) the total of occupant area and building amenity area on any floor level, and for the building.

Vault Space: Sub-grade space that is enclosed and contiguous to a basement that extends below the adjacent ground plane past the property line, often under a public right-of-way, such as a sidewalk or alley.

Void: Absence of a floor where a floor might otherwise be expected or measured, that is typically in the plane of the upper floor levels of multi-story atria or lobbies, light wells, auditoria or the area adjacent to a mezzanine.