The calculation is per space, by function
Divide the area of each space by the factor for how it is used, then round up. A 3,000 square foot business area at 150 gross square feet per occupant gives 20 occupants. A conference room inside that suite may be calculated as assembly, with a much smaller factor and a much higher load.
The factor follows the function of the space, not the occupancy classification of the whole building. An office building can contain assembly, storage, and kitchen areas, and each gets its own factor.


