Which option allows a landlord to re-measure the leased space?

The option that allows a landlord to re-measure the leased space is the re-measurement option. This stipulation is important in commercial leases as it enables the landlord to assess the actual size of the leased premises, which may differ from the initial measurements provided. Discrepancies can arise due to factors such as changes in the building layout or inaccuracies in previous measurements.

Having a re-measurement option is beneficial for both landlords and tenants. For landlords, it ensures accurate assessments for rent calculations and maintenance responsibilities. For tenants, it can provide transparency and lead to adjustments in rent or lease terms if the size of the space is significantly different from what was originally agreed upon.

Other options like termination, right of first refusal, and expansion relate to different aspects of leasing agreements but do not specifically address the measurement of the leased space. Thus, they do not facilitate the landlord's ability to re-measure the square footage of the property.