How a Commercial Lease is Normally Calculated
A commercial lease is calculated based on several factors that vary depending on the terms negotiated between the landlord and the...
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What is Price Per Square Foot?
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...
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Summary About Retail Commercial Properties
Retail commercial properties refer to commercial real estate properties that are specifically designed and intended for retail...
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What is a Built-To-Suit?
A "build to suit" (BTS) is a type of real estate development approach in which a property owner or developer constructs a building...
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What is an LOI?
LOI stands for "Letter of Intent." It is a formal written document commonly used in business transactions and negotiations to express the...
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What is Rent Escalation?
Rent escalation in real estate refers to the practice of increasing the rent over time as specified in the lease agreement. This rent...
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What is Tenant Control?
In commercial real estate, "tenant control" refers to the level of authority and decision-making power that a tenant has over the leased...
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What are Commercial Properties?
Commercial properties refer to real estate assets that are primarily used for business purposes rather than residential living. These...
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What is a Long-Term Lease?
A long-term lease in real estate refers to a lease agreement that extends beyond the typical short-term rental period. While the exact...
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What are Operating Expenses?
Operating expenses in real estate refer to the ongoing costs associated with owning and maintaining a property. These expenses are...
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What is a Triple-Net Lease? (NNN)
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" -...
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About CoStar - Commercial Listings
CoStar Group, Inc. is a leading provider of commercial real estate information, analytics, and online marketplaces. It offers a wide...
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Considerations When Buying Commercial Property
Buying commercial property can be a significant investment and a complex process. Whether you're purchasing office space, retail space,...
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