Z
No entries at this time.
read more
W
https://patrickharmon.site/wp-content/uploads/2017/05/LR_Thumb_Glossary_FREE.jpg
800
450
Leasing REality | Commercial Real Estate Education
//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
W
Warm Shell: An empty building or space that usually has minimally finished interior including walls, ceiling, and flooring, with basic services connected such as plumbing, heating, air conditioning, restrooms and lighting.
read more
V
https://patrickharmon.site/wp-content/uploads/2017/05/LR_Thumb_Glossary_FREE.jpg
800
450
Leasing REality | Commercial Real Estate Education
//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
V
Vacancy Rate: The percentage of vacant space in a building due to non-occupancy of an available, rentable unit or space. Vanilla Box: A plain “vanilla shell” or “vanilla box” is generally considered…
read more
U
https://patrickharmon.site/wp-content/uploads/2017/05/LR_Thumb_Glossary_FREE.jpg
800
450
Leasing REality | Commercial Real Estate Education
//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
U
Unamortized Cost: The actual cost of an asset or concession less the depreciation or amortization of such item, generally on a straight line basis (e.g., landlord’s work and/or a brokerage commission,…
read more
T
https://patrickharmon.site/wp-content/uploads/2017/05/LR_Thumb_Glossary_FREE.jpg
800
450
Leasing REality | Commercial Real Estate Education
//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
T
Tap In Fee: For its supplemental air-conditioning system, the charge to a tenant for the right to tie into a building’s condenser water loop. Generally between $1,500 to $5,000.00 in…
read more
S
https://patrickharmon.site/wp-content/uploads/2017/05/LR_Thumb_Glossary_FREE.jpg
800
450
Leasing REality | Commercial Real Estate Education
//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
S
Sale-Leaseback: A real estate sales transaction in which the owner of a property sells the property to a buyer, and after the closing of title to the property, the seller…
read more
R
https://patrickharmon.site/wp-content/uploads/2017/05/LR_Thumb_Glossary_FREE.jpg
800
450
Leasing REality | Commercial Real Estate Education
//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
R
Real Estate Tax (Escalations): Provision in lease agreements where tenant agrees to pay its pro-rata share of any increase in real estate taxes on the leased property over and above a…
read more
Q
https://patrickharmon.site/wp-content/uploads/2017/05/LR_Thumb_Glossary_FREE.jpg
800
450
Leasing REality | Commercial Real Estate Education
//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
Q
Quiet Enjoyment: A covenant by a landlord promising that the tenant will be able to enjoy the premises it has leased peacefully, subject to the tenant paying its rent and/or not…
read more