NOI
Net Operating Income, income after operating expenses are subtracted from gross income.
What are the latest trends in commercial real estate?
The latest trends in commercial real estate for 2024 reflect a period of adjustment and opportunity, shaped by economic, technological, and societal shifts. Key trends identified from various industry sources include: These trends underscore the importance of strategic adaptation and innovation in the face of changing economic conditions, technological advancements, and evolving market demands. For … Read more
What is Build-to-Suit
A property that is constructed to the specifications of a future owner or tenant.
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.