Posted by Gary on February 27, 2010 at 22:34:16:
Does the lease reference $7.50/sf or the total monthly lease payment? In either case I would think you should be able to explain that there was an understanding that there was x amount of “usable” square feet. Now that it has been determined that this is not the case, you are still willing to abide by your commitment @ $7.50 per “usable” square footage. If the lease shows the actual calculation your position should be stronger though. Also, the lease may provide for a remedy upon dispute (mediation, etc). Also, if you were attracted to the preoperty by a newspaper advertisement, try to get a copy of the ad (even if you have to go to the library for the back issue), it will only increase your position.