A commercial lease is calculated based on several factors that vary depending on the terms negotiated between the landlord and the...

Price per square foot is a common unit of measurement used in real estate to indicate the cost of a property or a specific area within a...

Retail commercial properties refer to commercial real estate properties that are specifically designed and intended for retail...

A "build to suit" (BTS) is a type of real estate development approach in which a property owner or developer constructs a building...

LOI stands for "Letter of Intent." It is a formal written document commonly used in business transactions and negotiations to express the...

Rent escalation in real estate refers to the practice of increasing the rent over time as specified in the lease agreement. This rent...

In commercial real estate, "tenant control" refers to the level of authority and decision-making power that a tenant has over the leased...

Commercial properties refer to real estate assets that are primarily used for business purposes rather than residential living. These...

A long-term lease in real estate refers to a lease agreement that extends beyond the typical short-term rental period. While the exact...

Operating expenses in real estate refer to the ongoing costs associated with owning and maintaining a property. These expenses are...

A Triple-Net Lease (NNN lease) is a type of commercial real estate lease agreement in which the tenant agrees to pay all three "nets" -...

CoStar Group, Inc. is a leading provider of commercial real estate information, analytics, and online marketplaces. It offers a wide...

Buying commercial property can be a significant investment and a complex process. Whether you're purchasing office space, retail space,...