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IPMS 1 applies to the measurement of office buildings and defines the area upon which a property's rental can be based.

IPMS 2 pertains to residential buildings and is used to measure the interior space of apartments or residential units, including any balconies and shared areas.

IPMS 3 is applied to measure the usable area within industrial buildings, considering the space that can be actually utilized for the industrial activity.

FAR is the ratio of a building's total floor area to the size of the piece of land upon which it is built.

GBA refers to the total floor area inside the building envelope, including the external walls and inclusive of all floors, measured to the exterior faces of the exterior walls.

GLA is the total floor area designed for the tenant's occupancy and exclusive use, including any basements, mezzanines, or upper floors.

NIA is the usable floor area within a building measured to the internal finish of wall surfaces, that is available for an occupant’s exclusive use.

The building footprint is the area of the ground covered by a building's perimeter, often used to determine land usage and building coverage ratios.

Rentable Square Footage is the tenant's proportionate share of the entire office building, including shared services or areas, such as lobbies and bathrooms.

Usable Square Footage is the space actually occupied by a tenant, not including communal areas such as lobbies, restrooms, and elevators.

CAF is the percentage of a building's common areas to total rentable square footage, used to determine the rentable area from usable space.

Load Factor, also known as Add-on Factor or Core Factor, is the ratio of rentable square footage to usable square footage in a building.

The capitalization rate, or cap rate, is a real estate valuation measure used to compare different real estate investments.

A build-to-suit lease is an arrangement where a developer constructs a new building to a tenant's specifications. The tenant leases the premises upon completion.