What is Build-to-Suit
A property that is constructed to the specifications of a future owner or tenant.
Commercial Real Estate FAQs
What is Rentable Square Footage
The usable square footage plus a portion of the common areas.
What is Due Diligence
The comprehensive appraisal of a property to evaluate its commercial potential.
What is TI Allowance
Tenant Improvement Allowance, funds provided by the landlord to improve the leased space or for customizations.
What is Usable Square Footage
The actual space a tenant occupies.
Usable Square Footage
The actual space a tenant occupies.
What are the risks associated with investing in commercial real estate?
Investing in commercial real estate involves several risks: Mitigating these risks involves thorough due diligence, diversification, professional advice, and a clear understanding of the commercial real estate market and economic trends.
Absorption
The rate at which available properties in a specific market are leased or sold over a given period.
What is a 1031 exchange in real estate?
A 1031 exchange, named after Section 1031 of the U.S. Internal Revenue Code, allows investors to defer capital gains taxes on the exchange of like-kind properties. The process involves selling a property, identifying a like-kind property within 45 days, and completing the purchase within 180 days. This strategy is used by real estate investors to … Read more
What is CAM Charges
Common Area Maintenance charges, fees paid by tenants to cover the costs associated with areas shared among all tenants.