What does "$16/700 sq. ft." mean when trying to rent office space?

It's clearly not $16/mo, but $16/mo/sq. ft. = $11,200 / mo seems a bit steep for a room that can fit a desk or two. Is that the annual rent?

$16 per sq. ft. per month would be very high. That might be the annual cost per sq. ft. and that comes out to $1.33 per sq. ft. per mo. That seem to be within the scope of reality. But ultimately Dee Dee had it right, just call and ask them what they meant.

actually, I would think it would mean $l6.00 per square feet to rent it. maybe it was a typo

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