Archives: Glossary

Holds Glossary on the website

Certificate of occupancy

Welcome Group  /   July 3, 2019

A document presented by a local government agency or building … Continue reading Certificate of occupancy

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Cash Flow

Welcome Group  /   July 3, 2019

The revenue remaining after all cash expenses are paid.

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Base rent

Welcome Group  /   July 3, 2019

A set amount used as a minimum rent with provisions … Continue reading Base rent

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Build to Suit

Welcome Group  /   July 3, 2019

A method of leasing property whereby the developer/landlord builds to … Continue reading Build to Suit

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Broker

Welcome Group  /   July 3, 2019

A person who acts as an intermediary between two or … Continue reading Broker

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Absorption Rate

Welcome Group  /   July 3, 2019

The rate at which rentable space is filled. Gross absorption … Continue reading Absorption Rate

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